Wife's assets in company not a confli...

Wife's assets in company not a conflict of interest in casino vote, Mandel says

There are 2 comments on the Cleveland.com story from Nov 10, 2011, titled Wife's assets in company not a conflict of interest in casino vote, Mandel says. In it, Cleveland.com reports that:

Got a claim for PolitiFact Ohio to check out? E-mail your suggestion . Follow PolitiFact Ohio on Twitter and Facebook Ilana Shafran Mandel's stake in Forest City Enterprises "constitutes significantly less than 1 percent" of the company's shares and any implication of a conflict of interest "is legally incorrect."

Join the discussion below, or Read more at Cleveland.com.


Olmsted Falls, OH

#1 Nov 13, 2011
For centuries and centuries, those in power have created laws to protect themselves. There is nothing knew here. This explains why it is within the law to own up to 5% of a company and still be considered not a conflict of interest. 5% of $2 billion Forest City is $100 million. Just how poor do you have to be?
The fact is, his wife will gain a profit in her 'meager' ownership based on the deal. Anyone with common sense can see that.
Percentage of Ownership has nothing to do with Conflict of Interest. Any amount of ownership does.
Nothing Personal

Elmwood Park, IL

#2 Nov 13, 2011
So are the Forest City crooks getting in the casino business? I'm sure their casino will be less than honest too.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Forest City Enterprises Discussions

Title Updated Last By Comments
News Walgreens, Intent on Building Global Platform (May '13) May '13 RacingFan20 13
Forest City Enterprises: #1 on Google for Sluml... (Feb '10) Nov '11 Near Future 13
News Morningstar calls Forest City stock worthless, ... (Feb '09) Nov '11 There You Go 571
Mold Is the Main Cause of SIDS (Mar '09) Oct '11 FC sux 32
News 4 Ohio CEOs back Cordray as federal consumer wa... (Jul '11) Sep '11 Johnny 8
News Town Square foreclosed on, Forest City takes ov... (Mar '11) Apr '11 FCC Sux 3
News Initial phase of Cleveland casino could be long... (Feb '11) Feb '11 Gregg 11
More from around the web