FREE! Off topic. When I started this blog, I said that occassionally I would engage in off topic sallies, and this is one of them. I have just found out that Mark Belnick, former Tyco general counsel, has been acquitted of all charges. The Manhattan DA had accused Belnick of stealing more than $30 million in compensation and loans from Tyco. I never believed it. I was an associate at Paul, Weiss, Rifkind, Wharton & Garrison back in the late 1980s when Belnick was a partner there. I did not know him well. In fact, I don't recall ever working on a case with him. But I knew him. And I could never reconcile my impression of the man with that of a crook. Was it possible that, tempted by huge sums of money, he gave into the dark side. Sure, it's possible. But I never thought it likely, and it appears that the jury agreed. I'm very pleased for Mark. It's a good thing he made all that money. He's going to need it to pay his attorneys. And the civil suits are still pending!
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