TYCO Invoices reveal wild spending in latest revelations

The Tyco trial uncovered invoices for a $113,000 clock and a $191,000 rug.
NEW YORK (AP) -- A question to ponder: If you own a $445 pin cushion, how much do you spend on pins?
It's not a daily dilemma, granted -- but it's one ex-Tyco International Ltd. CEO Dennis Kozlowski apparently faced. His lavish Manhattan apartment, allegedly decorated with assets stolen from his ex-employer, was filled with such extravagances.
In addition to the pricey pin cushion, there was a $4,050 tablecloth (no spills, please). And a $1,370 lampshade (suitable for donning at parties like Kozlowski's $2 million birthday bash for his wife). Or a $515 toaster (no doubt, it leaves the bread a golden brown).
Those weren't even the big-ticket items in his Fifth Avenue spread. The amount of money spent to furnish the $18 million apartment wavered somewhere between astonishing and unbelievable, finally landing at $11 million.
The spending spree was made public last week, just before a break in the grand larceny trial against Kozlowski and fellow ex-Tyco executive Mark Swartz, accused of looting $600 million from the company.
Luxurious items
Although testimony will not resume until Jan. 5, these other numbers might linger with jurors:
Two French antique stools? Try $125,000.
A Persian rug, sized 20 feet by 16 feet? A cool $191,250.
Look further and one sees the $113,750 George I walnut arabesque clock and the $77,000 Ascherberg grand piano.
Apartment guests could soak up the scene from a pair of $64,278 Italian armchairs or engage in a game of backgammon on a $38,000 gilt-and-black table.
Suits and overcoats were hung in the closet on a $2,900 set of hangers. The custom-made blue-and-gold bed skirt sold for $4,995, while a blue velvet pillow cost $2,665.
Tyco paid for travel and lodging for as many as seven interior designers and consultants at one time, testified Shannon Green, a former office manager at Seldom Scene Interiors. Only one invoice out of all those submitted to Tyco was ever rejected, she said.
On trial
Kozlowski's pricey answers to other design problems of the rich and infamous emerged last week when a Manhattan judge allowed jurors to view a three-inch thick binder filled with 300 pages of invoices cataloguing his purchases.
Kozlowski, 56, and ex-chief financial officer Swartz, 43, went on trial Oct. 7 in Manhattan's state Supreme Court. They each face up to 30 years in prison if convicted of using Tyco's money to finance their opulent lifestyles.
The defense contends that the multimillion-dollar loans and bonuses were legitimately approved by the company board of directors and vetted by outside auditors.
"He earned all of it," defense attorney Stephen Kaufman said of Kozlowski's $100 million salary.