Regrets from a $400m corporate criminal?

One of the intriguing questions about the current slew of financial wrong-doing and dodgy deals is whether the culprits actually come to regret what they have done.

Do they ever come to say that what they did was actually wrong?

To try to get inside the mind of a corporate criminal, Business Daily decided to go to talk to one.

Dennis Kozlowski now sits in a prison cell in New York State for taking $400m from the share-holders of the US firm Tyco, the company he ran as chief executive.

High life

Essentially, he lived a very lavish life-style on company money which he treated as his own.

There was a famous party for his wife on the island of Sardinia, complete with models in togas, and an ice sculpture that urinated vodka. His company bore a large part of the cost.

It was all part of a corporate culture of excess that seemed acceptable to some at the time, though not, it transpired, to the law and to a jury.

Business Daily's Ed Butler went to visit Dennis Kozlowski at the Mid-State Correctional Facility, New York.

First broadcast on Business Daily on 29 April 2009