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  • Insider trading infects Nature Conservancy

    05/17/2003 6:19:04 PM PDT · by madfly · 26 replies · 468+ views
    Palm Beach Post ^ | May 15, 2003 | Editorial
    Insider trading infects Nature Conservancy Palm Beach Post Editorial Thursday, May 15, 2003 The Nature Conservancy, whose brand name is right up there with Good Housekeeping, has been running a scam worthy of Enron. As described last week in a Washington Post series titled "Big Green," the environmental charity bought pristine lands, then sold them at a discount to trustees for fabulous private-home sites. Nature Conservancy President and CEO Steven J. McCormick whined that the Post had "painted a distorted picture" and "misrepresented our motives and methods." Wrong response. The Nature Conservancy, with 1 million members and $3 billion in...