Monday, March 19, 2012

Dennis Kozlowski, He May Be Coming Home...How Time Flies?

Remember Dennis Kozlowski, the former Tyco chief? You know the guy whose million dollar birthday party and $6000 shower curtains essentially got him convicted and a trip "upstate "(8-25 years). Well after serving 7 years, getting time off for good behavior and being a model inmate he has been transferred to a little-known minimum security(work release program) in Manhattan, just north of Central Park. His parole hearing is scheduled for the first week of April.
Kozlowski is 65 or 66 years old and could be out on parole by August 25th? Did someone say second chance ? It's up to him to make the best of his freedom. Does he have any money left? Any family ? Friends ? A place to live ? All interesting questions !
My hunch is that we have a smart, motivated, rehabilitated guy who will be extremely appreciative of his second chance . Only time will tell.

Wall street analyst Steve Goldman reporting.

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