Ex-Exec Who Stole Wants His Money, Will Smith On Taxes, Photos Of BofA Protests And More

Wednesday, May 9, 2012 Ex-Tyco Executive Who Looted Company Now Says He's Owed $60 Million Even after being convicted for bilking his former employer for millions, one ex-executive is suing the company from behind bars, claiming he's still owed money. Mark Swartz, former Chief Financial Officer of Tyco International, is now suing his ex-employer for about $60 million in retirement agreements and tax reimbursements, Reuters reports (h/t New York Post). In 2005, Swartz and then-CEO Dennis Kozlowski were sentenced to up to 25 years in prison for grand larceny, securities fraud and other charges. The two allegedly looted Tyco for more than $600 million, using the money for lavish parties, a luxurious apartment and other extravagant expenses. PHOTOS: Protesters Swarm BofA Shareholder Meeting Paul Ryan Endorses Volcker Rule?! Chase Going After The Poor With New Card Ford Broadens Windstar Recall Will Smith On Taxes: 'No Problem Paying Whatever I Need To Pay' BLOG POSTS Mike Lux: The Only Way to Fix the World Economy We need to not only take back our economic fate from Wall Street, we need to cleanse our values system of their culture as well. Rajan Menon: Europe's Post-Merkozy Gridlock Germany can refuse to budge on austerity, but for how long if its remedies don't cure Europe's ailing economies? Gene Marks: Do Business In China? No Thanks! Want to do business in China? Here are a couple of thoughts on how a small or medium sized business can make a few bucks off the Chinese without actually going there. Laura Gottesdiener: Organizing Against Bank of America in Enemy Territory This week, thousands are descending on North Carolina for the Bank of America shareholders' meeting. Just as important as the mass action are the homeowners across North Carolina who are building a grassroots resistance network to keep the pressure on the banks. Sean X: The Mobile Signature: 'Please excsue typoo's' I am a communication purist, in that I believe the most important aspect of communication is understanding by the recipient, not precision in its delivery. However, you must ask yourself. How does a signature line serve me? It too is to provide communication. So be careful.

MOST POPULAR ON HUFFINGTONPOST.COM McDonald's Billboard Has Drivers Worried They'll Get Crushed By Banana Bread JPMorgan Chase Whistleblower: 'Essentially Suicide' To Stand Up To Bank Shareholder Pay Revolt Drives Major CEO To Resign ON FACEBOOK How Bad Things Are Paul Krugman: Rich People Just Want To Be Loved 10 Cities Where Home Prices Are Collapsing

If you believe this has been sent to you in error, please safely unsubscribe.