Yesterday's Wall Street Journal ran a short story that goes down as one of the best examples of irony (true irony, not the Alanis Morissette version).
Here it goes. Back in 1995, a corporate executive was convicted for embezzling from his company. For the sentencing hearing, the CEO of the company wrote a letter blasting the executive, calling the crime "particularly egregious," and noting that the executive stole from shareholders and breached fiduciary duties. The CEO called for the maximum term of imprisonment.
Oops. You'll notice that the letter was written by Dennis Kozlowski, who was just convicted of massive theft from Tyco, dwarfing the amount that the executive stole in 1995. Not surprisingly, prosecutors want to use Kozlowski's letter against him.
You have to wonder about the sheer chutzpah of some of these corporate criminals. Most likely, Kozlowski didn't think about looting Tyco until some time after he wrote that letter, but still, you'd think he would've remembered.
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