the unprofitable CEO

By Diogenes ( articles ) | Oct 09, 2006

A truly novel defense, submitted by the priest who spent a decade or so siphoning of funds from his Florida parish.

A priest who allegedly misappropriated millions of dollars from a Delray Beach, Florida, Catholic church has told police he saw himself as the CEO of a multimillion-dollar company who wasn't properly compensated.

Father Skehan would not be the first pastor to think of himself as a corporate executive. Nor would he be the first corporate to justify skimming off the treasury because, by golly, he's worth it. But the combination is instructive.

Actually, Father, some corporations are willing to pay a bit extra for CEOs who don't steal. Funny, but that extra expenditure can justify itself. Because, as things turn out you did take home as much as a CEO for a multimillion-dollar corporation.

But please don't worry, Father. Because now you're going to be properly compensated.