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 The Liberal Patriot Blog is dedicated to collecting and sharing information about National and State [New Hampshire] Political Action, News, and Events.

Thursday, December 15, 2005

Stupid Idea Watch

N.H. uses $5 million Tyco settlement for corporate ethics program

Years before Dennis Kozlowski was sent to prison for huge frauds at Tyco, the company had agreed to pay New Hampshire, its former home, $5 million to settle allegations of financial misconduct.

Now the state is using that money to start an investor education program, with the help of former CNN financial editor Myron Kandel. The money will be used as an endowment to pay for the project.

Gov. John Lynch, Secretary of State William Gardner, Kandel and other officials released an outline of the program Wednesday.


Gardner said he hoped New Hampshire's effort to teach future corporate leaders ethics and to educate investors will serve as a model for the nation.


Kandel said he hopes to start next spring with a blitz of forums and seminars at the state's colleges featuring national government and business leaders and the media. The discussions will look at how corporate scandals can be avoided in the future, he said.


Idiots. Scandals only happen because investors and business people are "uneducated" about the consequences of their actions. WHAT A WASTE OF MONEY!! Teaching corporations NOT to steal.

The only thing that will teach these thieving liars ethics is to max them out on prison time in a level 5 super max. Period. The same is true of party hacks that steal signs and jam phones. No depth is too low for the establishment party conspirators to delve.
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