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The current share scam scandal engulfing so many high-tech CEOs is rather boring compared with the last wave of excesses perpetrated by this gilded group.
One will never forget the birthday party for the wife of Tyco’s CEO, Dennis Kozlowski, where a life-sized statue in ice of Michelangelo’s David had neat vodka running out of its penis.
The party, it transpired later, cost $2m and half of that was charged to Tyco as ‘Chairman’s Meeting’.
It’s a grand, if rather vulgar, life for some.
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