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Legg Mason and ethics.


Jack O'Dwyer's Newsletter ran an article on April 6th on PRSA's "ethics ethics, in philosophy, the study and evaluation of human conduct in the light of moral principles. Moral principles may be viewed either as the standard of conduct that individuals have constructed for themselves or as the body of obligations and duties that a  summit," a forum that followed the recent revelations of PR firms' contracting with government agencies to promote their programs through faux journalists.

Catherine Bolton, COO (Cell Of Origin) See mobile positioning.  of PRSA PRSA Public Relations Society of America
PRSA Personal Retirement Savings Account
PRSA Puerto Rican Student Association
PRSA Puerto Rican Studies Association
PRSA Park and Recreation Service Area
PRSA President of the Royal Scottish Academy
, said that young PR people "need to see the benefits of acting ethically." Asked for examples of ethical business leaders, one participant cited Chip Mason of Legg Mason Founded in 1899, Legg Mason, Inc. (NYSE: LM) is a leading Global Asset Management Firm that serves the institutional, mutual fund and wealth management markets. The firm is headquartered in Baltimore, Maryland, and is located on Lombard and Charles Streets in the Legg Mason .

In O'Dwyer's letter to Bolton protesting their extensive use of his website while paying for only two subscriptions, he wrote,

"We publishers need to be paid for our services. I'm not thinking of legal action but the Legg Mason brokerage just paid $19.7 million to the Lowry Report because Legg Mason staffers downloaded the Lowry e-newsletter and put it on the company's intranet without paying for it." (NL/NL 7/22/04)

One person's ethics is another person's litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
.

O'Dwyer concluded his letter to Bolton: "The legal principle is that people should observe copyright and pay for what they get, even material from the internet.

"Information is the life-blood of America and especially the PR field. PRSA spends about $500,000 a year on travel, meals and hotels for leaders and members. Spending a few thousand on information and news is not out of line.

"A piece of information can change a person's life or business," O'Dwyer wrote.
COPYRIGHT 2005 The Newsletter on Newsletters LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:The Newsletter on Newsletters
Geographic Code:1USA
Date:Apr 20, 2005
Words:226
Previous Article:Jack O'Dwyer once again doing battle with PR association.
Next Article:Uneasy about Tasini ruling on paying for electronic use of freelancers' print work? Here's one publishing expert's take.(Editorial Management)
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