Ex-Tyco Chief Defends Bonuses in Court

NPR | By Jim Zarroli

Published April 29, 2005 at 12:00 AM EDT

Dennis Kozlowski, the former chief executive of Tyco International, has taken the stand in his own defense. Kozlowski offered an explanation of bonuses his employees' claimed were unauthorized. Kozlowski is accused of looting the company of $150 million and artificially inflating its stock.

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