With a presidential election year coming up, political commentators and party hacks are sure to resuscitate that old canard about how so much money is spent on campaigning, how big donors undoubtedly expect something in return for their “investments,” and how we need to get the money out of politics.
Simmons Foundation gave $2.5 million to Columbia Univ. over four years; Simmons firm received 26 asbestos referrals over same period
On Nov. 30, jurors found former New York Assembly Speaker Sheldon Silver guilty of giving state funds to Dr. Robert Taub while making money on referrals from him. The Simmons Foundation in 2010 executed a contract with Taub's research center at Columbia University, pledging $3.15 million in five years.
Former Simmons CEO testifies at Sheldon Silver trial; Testimony offers lesson on wealth produced by meso cases
NEW YORK CITY – John Simmons and his firm spend $15 to $20 million a year on advertising, his former chief executive testified at the criminal trial of former New York State Assembly Speaker Sheldon Silver on Nov. 10. Greg Kirkland testified that the firm employs about 200 persons, which would mean that the firm spends $75,000 to $100,000 per employee on advertising.
You'd think that exposure of scandals and the ensuing punishment of participants would discourage other ethically-challenged individuals from engaging in similarly illicit behaviors and risking comparable comeuppances.Maybe they start out small and get bolder each time they get away with something.Or maybe they think they're smarter than the last guy who got caught and that they'll know to stop before