Prof. Painter Interviewed by KSTP on Conflict of Interest in School Bond Issue

Professor Richard Painter—an expert in securities law and government ethics—was interviewed by KSTP News in a story about a school board official in Stillwater, Minn., who allegedly participated in recommending a broker dealer where her husband worked for underwriting a school bond issue. “That is clearly a financial conflict of interest,” said Painter. “[The School district treasurer] needs to recuse from that decision or any recommendation on whether to do business with that firm. And ultimately the voters should be told about it.”