Florida Ethics Commission supports Governor Rick Scott's investments

Ethics Commission supports Gov. Rick Scott's investments


Photographer: WPTV
Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Posted: 05/13/2011

TALLAHASSEE, Fla. - The state ethics commission says Florida's multi-millionaire Governor is doing no wrong by investing millions in companies that might profit off decisions he makes while in office.

The reason: Rick Scott's investments are in a blind trust, which means brokers handle his investments without consulting him.

Scott says he always thought his investments were on the up and up, but it was good to get a second opinion.

"I'm glad that they did that. As you know I'm trying to do everything the right way and organize all my business investments that way; so I'm glad that they did. I believe that was doing the right thing when they did that," said Gov. Rick Scott.

"The Ethics Commission" didn't take into account Scott's 60-million dollar investment in "Solantic", the health care clinic Scott co-founded, because he is selling his shares.

Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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