Penalty for fake degree claim: $1,100,000

Discussion in 'Off-Topic Discussions' started by John Bear, Oct 30, 2002.

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  1. John Bear

    John Bear Senior Member

    The SF Chronicle reports today, (Oct. 30) that the new Chief Executive Officer of Bausch and Lomb is required to forfeit an incentive bonus of "at least" $1,100,000, because of his false claim of an NYU MBA, but he gets to keep his job.

    On the other hand, the CFO of Veritas Software was forced to resign last week, because of his false claim of a Stanford MBA.
     
  2. Bill Highsmith

    Bill Highsmith New Member

    I guess a prestigious fake degree is worse than a prestigious unaccredited degree.
     
  3. Mike Albrecht

    Mike Albrecht New Member

    NYU is accredited: http://www.msache.org/dirny.asp
     
  4. Bill Highsmith

    Bill Highsmith New Member

    My joke was not well-formed. I was just making a passing reference to the "prestigious unaccredited degree" spam that everyone has received and noting that there is such a thing as a "prestigious fake degree" (as from NYU or Standford). I'll shut up, now.
     
  5. Mike Albrecht

    Mike Albrecht New Member

    I guess I am slow today, (pleading mea culpe - as I am in the first semester of my PhD, and boy have I forgotten a lot of math, and justing changing jobs), I thought you were refering to getting fired was worse than losing a bonus.


     
  6. Bill Huffman

    Bill Huffman Well-Known Member

    For a million dollar bonus I would beg to be fired.
     

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