Corporate crimes, personal crimes

umbrellaCorporate crimes, personal crimes: Dan Ackman of points out the irony that Martha Stewart has been convicted of crimes that were personal, not corporate, and the market value of her company has been shaved by one-third, while Tyco, whose CEO Dennis Kozlowski is accused of corporate crimes that put nearly $170 million of stokeholders’ money in his and another executive’s pockets, has seen its market value double. Such is the price for being a leader of a cult of personality. Speaking of which, note that in the picture to the left, taken today as she left the courthouse after a meeting with her probation officer, Martha whips out an umbrella bearing the logos of her media properties: a sure sign that she’s a student of the “no such thing as bad publicity” school of promotion.