If TREBIC channeled member contributions to specific candidates during 2009’s City Council election, could the chairwoman of the Intergovernmental Planning Task Force already know the outcome of some governmental decisions?

Prudent Man Rule

 

An investment standard…to govern the action of those responsible

 for investing money for other people

 

The fiduciary is required to act as a prudent man or woman would

in regards to investing monies of others

 

Bloomberg Financial Definition