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Keyword: nappier

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  • A Connecticut Comeuppance

    07/06/2004 5:28:32 AM PDT · by OESY · 2 replies · 483+ views
    Wall Street Journal ^ | July 6, 2004 | Editorial
    One troubling political trend is the proliferation of state politicians who treat private companies as honey pots for their personal ambitions. Last week two of the worst practitioners -- Connecticut Treasurer Denise Nappier and Attorney General Richard Blumenthal -- got a welcome rebuke from a jury of their betters. A six-person Connecticut jury ruled that New York financier Theodore Forstmann and his buyout firm, Forstmann Little & Co., owed the state nothing for having lost $125 million of its money investing in telecom companies. While the jury found them guilty of violating a couple of details of their investment contract...