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Industry: Email Alert RSS FeedLegg Mason and ethics.
Newsletter on Newsletters, The, April, 2005
Jack O'Dwyer's Newsletter ran an article on April 6th on PRSA's "ethics summit," a forum that followed the recent revelations of PR firms' contracting with government agencies to promote their programs through faux journalists.
Catherine Bolton, COO of PRSA, said that young PR people "need to see the benefits of acting ethically." Asked for examples of ethical business leaders, one participant cited Chip Mason of Legg Mason.
In O'Dwyer's letter to Bolton protesting their extensive use of his website while paying for only two subscriptions, he wrote,
"We publishers need to be paid for our services. I'm not thinking of legal action but the Legg Mason brokerage just paid $19.7 million to the Lowry Report because Legg Mason staffers downloaded...
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