Charles Hurwitz – Isn’t He In Jail YET?: A Long History of Lying and Stealing His Way to the Bank

The Bay Area Forest Activist

Charles Hurwitz – Isn’t He In Jail YET?

A Long History of Lying and Stealing His Way to the Bank

December 31, 2005

Early in his career–in 1971-72, Hurwitz pled no contest to charges of fraud before the Securities and Exchange Commission involving Summit Insurance Co. During the late 1980s, he crashed United Savings Association of Texas, leading to one of the biggest S & L failures–for which U.S. taxpayers footed a $1.6 billion bailout bill. As CEO of Maxxam, he raided Pacific Lumber’s $55 million pension fund after his takeover of PL. This wasn’t the first time he’d looted a worker pension fund–previously, retired Simplicity Pattern workers benefits were reduced from $10,000 to $6,000 a year on average thanks to Hurwitz.

via Charles Hurwitz – Isn’t He In Jail YET?: A Long History of Lying and Stealing His Way to the Bank.

Don’t worry–it’s a different Charles Hurwitz. I have an alibi. Honest.

Why am I showing you this? Because this is one of the items that turns up if you Google my name. (It could be worse; my parents could have named me Genghis Khan or Vlad the Impaler)

I thought of this when I saw the following item:

A study from Harris Interactive ( HPOL – news – people ) for CareerBuilder.com found that 45% of potential employers screen candidates via social media, up from 22% last year. Thirty-five percent of employers say they found reasons not to hire a person based on information they found on social network profiles.

via When Social Media Bites – Forbes.com.

If the survey were done among potential employers in the Hi-Tech area I’m sure that the percentages would be much higher.

We hear a lot about how useful the internet and social media are for finding employment, but it is important to keep in mind that this is a double-edged sword. And it’s not only in cases where you list “Industrial espionage” and “Getting into fistfights with my co-workers” as your  hobbies in your Facebook page, it can be also be a strongly expressed political or religious belief or a picture of you in a less than professional pose. In general, personal information about you online tends to work against you and does not enhance your prospects of getting a project or a job.

An update–I came across this link that deals with getting rid of embarrassing stuff on the web; http://howto.wired.com/wiki/Un-Google_Yourself

Advertisements

One thought on “Charles Hurwitz – Isn’t He In Jail YET?: A Long History of Lying and Stealing His Way to the Bank

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s