Category: Ethics
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Gov. Scott’s blind trust deviates from U.S. model; Florida law omits federal safeguards
By Dan Christensen
BrowardBulldog.org
When Florida’s Commission on Ethics OK’d Gov. Rick Scott’s blind trust last September it acted after being told by the governor’s lawyers that it was “modeled on the blind trust of the federal Office of Government Ethics.” But the governor’s blind trust – packed with more than $70 million in Scott’s stocks, bonds and other financial assets – deviates substantially from the federal model. -

Gov. Scott chose a familiar face to manage his $72 million blind trust
By Dan Christensen
BrowardBulldog.org
Most Floridians have never heard of Alan Lee Bazaar. Yet as chief executive of the New York investment advisory firm that serves as trustee of Gov. Rick Scott’s blind trust, Bazaar is the keeper of an important public trust for Florida’s citizens. -

Gov. Scott quietly rakes in millions from stock sales; Florida’s blind trust law ineffective
By Dan Christensen
BrowardBulldog.org
Over the last 15 months, Gov. Rick Scott and his wife, Ann, through various entities, made more than $17 million selling hundreds of thousands of shares a single stock. Scott’s blind trust sold shares of that stock worth $2.54 million in December 2012. You aren’t supposed to know that. Gov. Scott isn’t supposed to know it either. -

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The nation’s state supreme court judges reveal scant financial information
By Reity O’Brien, Kytja Weir and Chris Young
Center for Public Integrity
Last December, the California Supreme Court declined to hear an appeal filed by a couple who had accused financial giant Wells Fargo & Co. of predatory lending. One justice, who owned stock in the bank, recused himself from the case. But Justice Kathryn Werdegar, who owned as much as $1 million of Wells Fargo stock, participated — and shouldn’t have.
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