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Jurors will resume deliberations Friday whether two former executives looted more than $600 mil
stanley cup lion from Tyco International and used the money for personal excesses.Jurors began their talks after hearing more than five months of arguments and testimony and a morning of instructions from State Supreme Court Justice Michael Obus.On
stanley cup Wednesday, a prosecutor attacked the testimony of former chief financial officer Mark Swartz. As the defense s only called witness, Swartz took the stand to explain money he and co-defendant L. Dennis Kozlowski, Tyco s former chief executive
stanley termoska officer, received while they were running the company.About most things, Assistant District Attorney Marc Scholl said Swartz was simply lying. The prosecutor called an arithmetic demonstration hocus pocus when the former CFO tried to show the jury the formula for calculating his bonus. Scholl said Swartz made up some of the numbers.The prosecutor also said the defendants never produced minutes of meetings at which they said the board of directors had approved tens of millions of dollars worth of bonuses and loan forgiveness for them. That, Scholl said, was because there were no such minutes or approvals. Taking money that was not authorized in the company director s records was wrong, plainly and simply, Scholl told the jury.Prosecutors say Kozlowski, 57, and Swartz, 43, wrongfully took $600 million. They say the two stole $170 million by taking unauthorized bonuses and by abusing company loan programs Dowd Rumor: Apple Watch Going on Sale in Spring 2015
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