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John R. Carroll
 
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"Robert Sturgeon" wrote in message
...
On Sat, 27 Aug 2005 17:22:50 -0700, Stuart Grey
wrote:

Jim Stewart wrote:
Cliff wrote:

http://moneycentral.msn.com/content/...0.asp?GT1=6820
[
The 5 most outrageously overpaid CEOs

Here's the pantheon of execs whose paychecks soar while their
companies suffer.


Good list, can't disagree. Now how about
finding us a list of the 5 most over-paid
civil servants?


These are examples of how the laws allow a conspiracy to plunder the
company.


Can you give some specific example of this behavior
(plundering a company)? It's easy to claim it happens. I'd
like to see an example, with the name of the company and
what it is the evil executives are supposed to have done to
it.



These have either gone or are going to jail except for Lowell Milken. Mike
went for him.

Dennis Kozloski, Tyco. Theft. Fraud, Conversion.
Bernie Ebbers, WorldCom. Theft. Fraud, Conversion.
Michael Milken and his brother Lowell, Drexel Burnham. Perjury, conversion,
Fraud ( Trade Parking )

You can also easily search on the following for details.

Jeffrey Skilling, Enron.
Kenneth Lay, Enron.
Ivan Boesky, various closed funds.
Thomas Case, Global Crossing Ltd.
Joseph Perrone, Global Crossing Ltd.
Dan Cohrs, Global Crossing Ltd.
Sir James Goldsmith, Various, but his run at Good Year is a classic example
of greenmail.
Ronald Perlman, another green mailer. He did end up with Revlon in the end.
Over the years Robert, there have been literally hundreds of instances.

--
John R. Carroll
Machining Solution Software, Inc.
Los Angeles San Francisco
www.machiningsolution.com