Tyco

<h1 id="firstHeading" class="firstHeading"><a id="ctl00_ctl00_cphContentMainFrame_cphSubContentMainFrame_dlVideo_ctl01_hypProgramTxt" href="http://www.booktv.org/Program/15440/quotTaking+Down+the+Lion+The+Triumphant+Rise+and+Tragic+Fall+of+Tycos+Dennis+Kozlowskiquot.aspx" style="color: rgb(139, 0, 0); text-decoration: none; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 17px; background-color: rgb(255, 255, 255);">"Taking Down the Lion: The Triumphant Rise and Tragic Fall of Tyco's Dennis Kozlowski"</a><span style="font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 17px; background-color: rgb(255, 255, 255);"> </span><span id="ctl00_ctl00_cphContentMainFrame_cphSubContentMainFrame_dlVideo_ctl01_lblAuthor" style="font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 17px; background-color: rgb(255, 255, 255); font-style: italic;">
Catherine Neal</span></h1><div><span style="background-color: rgb(255, 255, 255); font-size: 12px; line-height: 17px;"><font face="Verdana, Arial, Helvetica, sans-serif"><i><a href="http://www.booktv.org/Program/15440/quotTaking+Down+the+Lion+The+Triumphant+Rise+and+Tragic+Fall+of+Tycos+Dennis+Kozlowskiquot.aspx">http://www.booktv.org/Program/15440/quotTaking+Down+the+Lion+The+Triumphant+Rise+and+Tragic+Fall+of+Tycos+Dennis+Kozlowskiquot.aspx</a></i></font></span></div><h1 id="firstHeading" class="firstHeading"><div style="font-size: medium; font-weight: normal;"><span style="font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; line-height: 17px; background-color: rgb(255, 255, 255); font-style: italic;">interviewd DK, also gen'l counsel than at pepperdine</span></div></h1><h1 id="firstHeading" class="firstHeading"><font size="4">=</font></h1><div><font size="4">http://bigthink.com/big-think-tv/dennis-kozlowski-poster-child-or-whipping-boy</font></div><div><font size="4">==</font></div><h1 id="firstHeading" class="firstHeading"><font size="4">Tyco International Ltd.</font></h1>

<p><b>Tyco International, Ltd.</b> has received "over $200 million in federal contract obligations ... [and] was the 68th largest publicly traded federal contractor in fiscal year 2001. About 76 percent of Tyco's federal contracts are with the <a href="http://www.sourcewatch.org/index.php?title=Department_of_Defense" title="Department of Defense" class="mw-redirect">Department of Defense</a>. The contracts are for such products and services as aeronautical and nautical system manufacturing, architect and engineering services, construction and restoration of facilities, maintenance and repairs, general purpose machine manufacturing, and environmental consulting services."<a href="http://www.gao.gov/new.items/d03194r.pdf" class="external autonumber" title="http://www.gao.gov/new.items/d03194r.pdf" rel="nofollow">[1]</a></p>

<p>

"According to <a href="http://www.sourcewatch.org/index.php?title=Securities_and_Exchange_Commission" title="Securities and Exchange Commission">Securities and Exchange Commission</a> (SEC) filings, in 1997 Tyco International, Ltd., incorporated in Massachusetts, merged into <a href="http://www.sourcewatch.org/index.php?title=ADT_Limited&action=edit&redlink=1" class="new" title="ADT Limited (page does not exist)">ADT Limited</a>, a Bermuda corporation. The name of the combined company was changed from ADT Limited to Tyco International, Ltd. Each Tyco share was converted to one share of stock in the combined company. In a press release, Tyco said that the combined company would provide cost, marketing, and service synergies. According to the prospectus to shareholders filed with the SEC, keeping the company incorporated in Bermuda would allow the combined company to preserve certain advantages enjoyed by ADT Limited. For example, Tyco International reported that its overall tax savings was over $400 million in 2001."<a href="http://www.gao.gov/new.items/d03194r.pdf" class="external autonumber" title="http://www.gao.gov/new.items/d03194r.pdf" rel="nofollow">[2]</a></p>

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<h2><a name="Other_Related_SourceWatch_Resources" id="Other_Related_SourceWatch_Resources"><span class="mw-headline">Other Related SourceWatch Resources</span></a></h2>

<ul>

<li><a name="Other_Related_SourceWatch_Resources" id="Other_Related_SourceWatch_Resources"> </a><a href="http://www.sourcewatch.org/index.php?title=Corporate_inversion" title="Corporate inversion">corporate inversion</a></li>

<li><a href="http://www.sourcewatch.org/index.php?title=Defense_contractors" title="Defense contractors">Defense contractors</a></li>

<li><a href="http://www.sourcewatch.org/index.php?title=Federal_contractors" title="Federal contractors">federal contractors</a></li>

<li><a href="http://www.sourcewatch.org/index.php?title=Homeland_Security_contractors" title="Homeland Security contractors">Homeland Security contractors</a></li>

<li><a href="http://www.sourcewatch.org/index.php?title=Military-industrial_complex" title="Military-industrial complex">Military-industrial complex</a></li>

<li><a href="http://www.sourcewatch.org/index.php?title=Prison-industrial_complex" title="Prison-industrial complex">Prison-industrial complex</a></li>

</ul>

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<h1 id="firstHeading" class="firstHeading">Jack Abramoff: Tyco</h1>

<p>In "a written statement," <a href="http://www.sourcewatch.org/index.php?title=Timothy_E.Flanigan" title="Timothy E. Flanigan">Timothy E. Flanigan</a>, when nominated by President <a href="http://www.sourcewatch.org/index.php?title=George_W.Bush" title="George W. Bush" class="mw-redirect">George W. Bush</a> to be Deputy Attorney General of the United States, said that "<a href="http://www.sourcewatch.org/index.php?title=Republican_Party" title="Republican Party" class="mw-redirect">Republican</a> <a href="http://www.sourcewatch.org/index.php?title=Lobbyist" title="Lobbyist">lobbyist</a> <b><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff" title="Jack Abramoff">Jack Abramoff</a></b> bragged two years ago that he was in contact with White House political aide <a href="http://www.sourcewatch.org/index.php?title=Karl_Rove" title="Karl Rove">Karl Rove</a> on behalf of a large, Bermuda-based corporation that wanted to avoid incurring some taxes and continue receiving federal contracts," R. Jeffrey Smith <a href="http://www.washingtonpost.com/wp-dyn/content/article/2005/09/22/AR2005092202204.html" class="external text" title="http://www.washingtonpost.com/wp-dyn/content/article/2005/09/22/AR2005092202204.html" rel="nofollow">wrote</a> in the September 23, 2005, <i>Washington Post</i>.

"To review the highlights of our story," Josh Marshall <a href="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" class="external text" title="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" rel="nofollow">wrote</a> September 25, 2005, "Timothy Flanigan was appointed Deputy White House Counsel at the beginning of the <a href="http://www.sourcewatch.org/index.php?title=Bush_administration" title="Bush administration">Bush administration</a>. He later left that job to become General Counsel of <b><a href="http://www.sourcewatch.org/index.php?title=Tyco_International_Ltd." title="Tyco International Ltd.">Tyco Corporation</a></b>, which had relocated to Bermuda to avoid paying taxes to the US Treasury. At Tyco, Flanigan hired Abramoff <a href="http://www.latimes.com/news/nationworld/nation/la-na-flanigan29jul29,0,2489546.story?track=tothtml" class="external text" title="http://www.latimes.com/news/nationworld/nation/la-na-flanigan29jul29,0,2489546.story?track=tothtml" rel="nofollow">to fend off legislation which would have forced Tyco to pay its taxes.</a> And, in the course of that hiring and work, Abramoff first boasted of his access to [Tom] <a href="http://www.sourcewatch.org/index.php?title=Tom_DeLay" title="Tom DeLay" class="mw-redirect">DeLay</a>, Rove and others and then later claimed that he had spoken to Rove and enlisted his assistance on Tyco's behalf."

Marshall <a href="http://www.talkingpointsmemo.com/archives/week_2005_09_18.php#006619" class="external text" title="http://www.talkingpointsmemo.com/archives/week_2005_09_18.php#006619" rel="nofollow">noted</a> September 23, 2005, that "any suggestion that Abramoff had just fooled Flanigan into believing that he had more access than he had was highly implausible since Flanigan, as <a href="http://www.sourcewatch.org/index.php?title=Alberto_R._Gonzales" title="Alberto R. Gonzales">Al Gonzales</a>' deputy at the White House, would have gotten a good sense of who Abramoff was and the level of juice he had with Rove and other Republican power-brokers."</p>

<p>

"On paper," Marshall <a href="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" class="external text" title="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" rel="nofollow">said</a> September 25, 2005, "Jack Abramoff was a lobbyist. And he made a great deal of money for himself. But if you think of Jack Abramoff as just a crooked lobbyist most of the facts coming out about what he did don't make a great deal of sense. He was a key player in a very big <i>political machine</i> and he was managing a <i>slush fund</i>."</p>

<p>

"Look at the pattern," Marshall said. "Notice how all Abramoff's clients seemed to get 'bilked' out of large sums of money that ended up going to other conservative foundations, consulting firms, <a href="http://www.sourcewatch.org/index.php?title=Ralph_E.Reed,Jr." title="Ralph E. Reed, Jr.">Ralph Reed</a>, lobby shops, <a href="http://www.sourcewatch.org/index.php?title=Grover_Norquist" title="Grover Norquist">Grover Norquist</a>, <a href="http://www.sourcewatch.org/index.php?title=Astroturf" title="Astroturf">astroturf</a> organizers, politicians, etc.? All of them part of Washington's Republican infrastructure?

"In the case of Abramoff's work for Flanigan and Tyco, Abramoff ended up sending the greater part of their $2 million lobbying fee to an <a href="http://www.sourcewatch.org/index.php?title=Astroturf" title="Astroturf">astroturf</a> outfit called <a href="http://www.sourcewatch.org/index.php?title=GrassRoots_Interactive" title="GrassRoots Interactive">GrassRoots Interactive</a> -- an outfit allegedly controlled by Abramoff and run by a guy who now works as the <a href="http://www.washingtonpost.com/wp-dyn/content/article/2005/09/23/AR2005092302050.html" class="external text" title="http://www.washingtonpost.com/wp-dyn/content/article/2005/09/23/AR2005092302050.html" rel="nofollow">Deputy Chief of Staff</a> to the Governor of Maryland."

Regarding the relationship between Abramoff and Tyco, Marshall <a href="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" class="external text" title="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" rel="nofollow">asked</a> whether Tyco was just another "corporation which hires a lawyer out of the White House only to get taken in by Jack Abramoff's wiles? Please. How many times can one operator pull off the same stunt? How many times do big chunks of these pay days get passed on to other operators and organizations without the operators and organizations getting wise to the game?</p>

<p>

"These odd diversions aren't the exception but the rule," Marshall <a href="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" class="external text" title="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" rel="nofollow">said</a>. "The Republican machine built by DeLay, Norquist, Abramoff, et al. and pulled into high gear after 2001, is a pay-for-play political machine. This is just another part of the operation, like the <i>diktat</i> for trade associations to hire only Republicans. Big political machines need their soldiers taken care of -- jobs on <a href="http://www.sourcewatch.org/index.php?title=K_Street_Project" title="K Street Project">K Street</a> which also discipline the trade associations under Hill leadership. Just so, they need big sums of money to move around off the books. How does Rove keep the millions moving to Norquist? To Reed? To all the other operatives whose names you don't know about?

"<a href="http://www.sourcewatch.org/index.php?title=Abramoff-Reed_Indian_Gambling_Scandal" title="Abramoff-Reed Indian Gambling Scandal">Indian tribes bursting with millions</a> who need very focused sorts of legislative intervention -- that's one good source of money. Corrupt Pacific Island governments who need similar help -- another good source.

"If Tyco wanted help, they had to pay in. That's what the $2 million was. Of course it got passed on to some other <a href="http://www.sourcewatch.org/index.php?title=GOP" title="GOP" class="mw-redirect">GOP</a> outfit with Abramoff connections. That was the point!," Marshall <a href="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" class="external text" title="http://www.talkingpointsmemo.com/archives/week_2005_09_25.php#006629" rel="nofollow">said</a>.</p>

<h2>Contents</h2>

<ul>

<li class="toclevel-1"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:_Tyco#Related_SourceWatch_Resources"><span class="tocnumber">1</span> <span class="toctext">Related SourceWatch Resources</span></a></li>

<li class="toclevel-1"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:_Tyco#External_links"><span class="tocnumber">2</span> <span class="toctext">External links</span></a>

<ul>

<li class="toclevel-2"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:Tyco#General_Links_and_Information.2C_Articles.26_Commentary_for_2002"><span class="tocnumber">2.1</span> <span class="toctext">General Links and Information, Articles & Commentary for 2002</span></a></li>

<li class="toclevel-2"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:Tyco#Articles.26_Commentary_for_2004"><span class="tocnumber">2.2</span> <span class="toctext">Articles & Commentary for 2004</span></a></li>

<li class="toclevel-2"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:Tyco#Articles.26_Commentary_for_2005"><span class="tocnumber">2.3</span> <span class="toctext">Articles & Commentary for 2005</span></a></li>

</ul>

</li>

</ul>

</td></tr></tbody></table>

<h2><span class="mw-headline"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:_Related_SourceWatch_Resources" title="Jack Abramoff: Related SourceWatch Resources">Related SourceWatch Resources</a></span></h2>

<h2><span class="mw-headline">External links</span></h2>

<p>See lengthy lists of articles related to Jack Abramoff's corruption and related scandals.

<h3><span class="mw-headline"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:_External_Links" title="Jack Abramoff: External Links">General Links and Information, Articles & Commentary for 2002</a></span></h3>

<h3><span class="mw-headline"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:_External_Links_2004" title="Jack Abramoff: External Links 2004">Articles & Commentary for 2004</a></span></h3>

<h3><span class="mw-headline"><a href="http://www.sourcewatch.org/index.php?title=Jack_Abramoff:_External_Links_2005" title="Jack Abramoff: External Links 2005">Articles & Commentary for 2005</a></span></h3>

<div id="mw-normal-catlinks"><a href="http://www.sourcewatch.org/index.php?title=Special:Categories" title="Special:Categories">Categories</a>: <span dir="ltr"><a href="http://www.sourcewatch.org/index.php?title=Category:Scandals" title="Category:Scandals">Scandals</a></span> | <span dir="ltr"><a href="http://www.sourcewatch.org/index.php?title=Category:Corruption" title="Category:Corruption">Corruption</a></span> | <span dir="ltr"><a href="http://www.sourcewatch.org/index.php?title=Category:Politics" title="Category:Politics">Politics</a></span> | <span dir="ltr"><a href="http://www.sourcewatch.org/index.php?title=Category:Politicians" title="Category:Politicians">Politicians</a></span></div>

</div>

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owns US surgical corp?</p>