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Ethics Says Scott’s in the Clear

May 13th, 2011 by flanews

The state Ethics Commission says Florida’s multi-millionaire governor is doing no wrong by investing millions in companies that might profit off decisions he makes while in office. The reason; Scott’s investments are in a blind trust, which means brokers handle his investments without consulting him. Scott says he always thought his investments were on the up and up, but it was good to get a second opinion.

“I’m glad that they did that. As you know I’m trying to do everything the right way and organize all my business investments that way; so I’m glad that they did. I believe that was doing the right thing when they did that,” said Scott.

The ethics commission didn’t take into account Scott 60 million dollars investment in Solantic, the health care clinic Scott co-founded. The reason; Scott is selling his shares, after reporters raised concerns over how much the company could profit from the new governor’s policies.

Posted in Economy, Rick Scott, State News | 2 Comments »

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