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Tyco faces scrutiny as it shifts crisis messaging
Tyco International fights to control its image after Dennis Kozlowski's exit and plunging stock. The company plans an IPO spin off of its CIT financing unit while facing downgrades from Moody's and S&P and a reopened SEC probe into accounting. Executives push back on agencies, but questions linger about transparency and future strategy.
MENTIONED IN THIS ARTICLE
New York
Tyco
Enron
Tyco International Ltd
Wall Street
Dennis Kozlowski
Moody's
Standard & Poor's
Mark Swartz
S&p
Moody's and
Fitch
post-Enron
The
Wall Street Journal
SEC
John Fort
New York Stock Exchange