[CPWG] PIR/Ethos

[Bill Woodcock]

> On Jan 21, 2020, at 4:13 AM, Holly Raiche <h.raiche at internode.on.net> wrote:
> - whether it is more realistic to impose public interest requirements through contract provisions

You can’t legislate goodness, any more than you can legislate smartness.  If someone is determined to go into debt to buy their way in the back door, rather than put forward their qualifications for evaluation, do you think that telling them, in a contract, that they need to be good, is going to make them so?  If they were good, they could just demonstrate that, and then there wouldn’t need to be any fuss.  It’s because they _aren’t_ good that they have to go $1.1bn in hock to avoid being scrutinized.  You don’t spend that much money if you can avoid it by simply being good.

                                -Bill

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