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Business, regional

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Prosecutor: Stealing led to Tyco trial

Article Abstract:

Assistant District Attorney, Ann Donnelly a Manhattan prosecutor in March 2004 assured the jury that the two former executives of Tyco International Ltd. were on trial as they stole hundreds of millions of dollars from the company. The two former executives were accused of looting Tyco International of $600 million to finance baronial lifestyles and to fund pet investments.

Author: Maull, Samuel
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Legal/Government Regulation, Cases, Embezzlement, Swartz, Mark H., Kozlowski, L. Dennis

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Pa. pays millions in hedge fund fees

Article Abstract:

The four hedge fund pickers hired by the Pennsylvania State Employees' Retirement System have collected more than 50 cents in fees for every dollar they made for the state pension plan in the year 2003. The hedge funds are supposed to profit modestly but steadily, whether the stock market rises or falls.

Author: DiStefano, Joseph N.
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Contracts & orders received, Contracts & orders let, Management investment, open-end, Contracts, Contract agreement, Mutual fund industry, Hedge funds, Morgan Stanley Group Inc., Pennsylvania. State Employees' Retirement System

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Thriving at helm of a troubled company

Article Abstract:

Edward D. Green the Chief Executive Officer of the Tyco International Ltd. was hired in July 2002 from the No. 2 post at a cell-phone maker Motorola Inc. Tips on mangaing when one is made the chief executive officer of a very large but scandal-tainted company are presented.

Author: DiStefano, Joseph N.
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2003
Investigations, Appointments, resignations and dismissals, Green, Edward D.

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Subjects list: Officials and employees, Company legal issue, Security systems industry, Pennsylvania, Tyco International (US) Inc., Management, Company business management
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