Longing For Contentment (21 of 40) by Stephen Whitney
This content is part of a series.Longing For Contentment (21 of 40)
Jurors in the Tyco International corporate larceny trial which was held in November 2003 watched a video tour of the $18 million company-owned apartment where former CEO Dennis Kozlowski
stayed when he was in New York.
The 15-minute tape, taken by the former housekeeper, showed at least a dozen expensive paintings, a $2,200 wastebasket along with a $15,000 umbrella stand. The stand is a sculpted terrier on its hind legs with a brass ring through its paws to hold umbrellas.
The maid also pointed out her bathroom's $6,000 shower curtain, in a gold-and-burgundy floral pattern. The foyer of the lavish flat on Fifth Avenue was decorated with $500,000 worth of hand-painted birds. Prosecutors say some $14 million of the company's money was spent to renovate and furnish the apartment.
Dennis Kozlowski never lived in the apartment and stayed there
infrequently. Sometimes he was there for one or two days out of the week, sometimes for a month and occasionally he would just show up to change clothes.
He and the chief financial officer are charged with grand larceny stealing more than $600 million from Tyco by taking $170 million in unauthorized pay and bonuses along with loans which later he forgave himself. They are also accused of making another $430 million in selling his stock by lying about the company's financial condition in 2002.
After the pricey shower curtain and umbrella stand made news in the fall of 2001 these two men became symbols of executive greed.
No matter how much some people have they are never content.
They always want more than they have because we think that if
we just have a little bit that will make us content.
The truth is no matter how much we have things we will never make us content - only a personal relationship with God.
UNFULFILLED EXPECTATIONS :7-9
Longing Desire :7
Solomon makes an observation that ...
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