Dennis Kozlowski Says Steve Forbes Defamed Him

While he’s not teaching GED courses to fellow inmates, doing laundry for the child molesters in his cell unit and dreaming about vodka-pissing statues, Dennis Kozlowski is busy trying to repair his reputation. He’s given interviews to Morley Safer and other journalists and has been a model prisoner since he was convicted of fraud in 2005. Koz is also, apparently, reading books about himself and now he’s suing billionaire Steve Forbes for what he claims are false and defamatory comments in in Forbes' 2009 book "Power, Ambition, Glory: The Stunning Parallels Between Great Leaders of the Ancient World and Today ... and the Lessons You Can Learn."
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While he’s not teaching GED courses to fellow inmates, doing laundry for the child molesters in his cell unit and dreaming about vodka-pissing statues, Dennis Kozlowski is busy trying to repair his reputation. He’s given interviews to Morley Safer and other journalists and has been a model prisoner since he was convicted of fraud in 2005.

Koz is also, apparently, reading books about himself and now he’s suing billionaire Steve Forbes for what he claims are false and defamatory comments in in Forbes' 2009 book "Power, Ambition, Glory: The Stunning Parallels Between Great Leaders of the Ancient World and Today ... and the Lessons You Can Learn."

Koz is particularly miffed about about a line in the book that claims he "plundered" Tyco shareholders to "siphon off cash for himself." He also takes issue with a the contention that he bilked investors out of $400 million when the court only ordered him to pay $100 million in restitution. WTF Forbes? Just because a jury convicted Koz of fraud doesn’t mean he really did it.

I think the jury got it wrong. I believe I earned those bonuses. I think I’m here simply because of the times. People lost money in the stock market in 2001 and 2002. Somebody had to be blamed for that. I became the poster boy for that. I still firmly believe I am not guilty of any crime that they’ve charged me with and that the jury convicted me of.

Forbes obviously thinks that's total bullshit. "This is an absurd lawsuit," Steve Forbes said in a statement. "Mr. Kozlowski's reputation speaks for itself."

The complaint seeks unspecified compensatory damages, plus punitive damages equal to triple the compensatory award. John Prevas, a faculty member at Eckerd College in St. Petersburg, Florida, and co-author of the book, is also a defendant. Koz will go before a parole board for the first time in April 2012. He was sentenced to between 8 and 25 years in jail.

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Bank Of America Knows What You Did At Denny's 14 Years Ago

And it's going to fire you without pay over them, realize they did so in error, not feel bad about it and tell you to shoot HR a cover letter and résumé if you'd like the opportunity to try and get your old job back. Paul Boudwin knows what we're talking about. Boudwin's ordeal began in July 2011, when the bank was reviewing its employment records to ensure it complied with new federal rules that, among other things, require a criminal background check for anyone who works at a mortgage originator. When he was hired by the bank in 2006, Boudwin disclosed what he says was a legal misunderstanding from his college days. He and his best friend ate breakfast at a Denny's in Scottsdale, Ariz., near the Arizona State University campus. The place was a student hangout, and after they finished their meal, they mingled with other friends for a while. Each assumed the other had paid the check. When they left the restaurant an hour or so later, a manager confronted them outside, accused them of walking the check and called the police. They were arrested, paid a $50 fine and the $20 tab, tip included. The charge was later dismissed. "There was no intent for not paying for an omelet," Boudwin said. When Bank of America's review last year turned up the information about the omelet incident that Boudwin disclosed when he was hired, it set off a bureaucratic process impervious to reason. In a letter included in the lawsuit, the bank said the charge amounted to a "disqualifying conviction" under the law, which prohibits anyone convicted of an offense involving dishonesty or breach of trust from working at a financial institution. Boudwin submitted court records showing the charges were dismissed. Bank officials assured him the matter would be sorted out, and the bank even filed for a waiver from the Federal Deposit Insurance Corp. on his behalf, court records show. However, the bank said because of the new rules, Boudwin couldn't continue to work during the six to nine months it might take to get the waiver. He was put on an unpaid leave of absence, and his Wharton trip was canceled. He was told he would receive his back pay and bonus when he was reinstated, he said. In late February of this year, his boss called. Boudwin thought his ordeal was over and the FDIC had granted the waiver. Instead, his boss told him he was being fired. The bank was tired of waiting, he said his boss told him. Two weeks later, the FDIC granted the waiver, but Bank of America refused to reinstate Boudwin to his old position. He was welcome to reapply, but his seniority, bonus and back pay would be lost. Unfortunately for Bank of America, Boudwin decided that appealing as that sounded, he'd prefer to win the money owed to him in court, and filed suit against BofA last week. Will his case set a precedent for financial service employees wrongfully fired over misunderstandings at Denny's, IHOP, OHOP, and local diners everywhere? Stay tuned. Bank Lays Egg In Omelete Case [Chronicle] Paul Boudwin Fired By Bank Of America Over Denny's Omelet Dispute [HP]