Monday, March 29, 2004

The jury in the trial of Dennis Kozlowski and a few associates, accused of looting the company they ran, Tyco, for millions of dollars, has been hung since March 18th. From all indications, there's one juror holding out for acquittal, because she doesn't believe the prosecutors have established criminal intent -- she thinks the defendants may not have known that their actions were wrong. Which is to say, she finds it plausible that people could get into the position of running a multi-billion dollar conglomerate, without ever learning that spending its money to rent a Sardinian villa for a private birthday party, or to have the company buy their own unwanted second homes from them for millions of dollars above the market price, would be wrong.

The woman is a lawyer herself, and other legal experts seem to think she may have a point.


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