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FUMARE

Law, culture, and Catholicism...up in smoke!

Thursday, March 11, 2010

AveWatch on Fraud Award Against Golisano

AveWatch reports on a case out of California where the court of appeals affirmed a $26 million judgment against Tom Golisano and his company. A $11 million-portion of the judgment was in punitive damages for using "fraud" and "malice" to run a competitor out of business.

Remember, Golisano has been greatly honored by AMU when it named a prominent building after Golisano. Here is a great example why it is sometimes not a good idea to name a building after someone who is still alive, because he might do something regrettable later.

But maybe Golisano has redeemed himself of his past errors with his recent $10 million+ donation to the William J. Clinton Foundation. After all, isn't that a worthy charitable organization doing work in line with Catholic social teaching? (More on Golisano and AMU here.)

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