Among corporate governance scandals, the J. Paul Getty Trust's stood out. An investigation by the California attorney general's office led to the appointment of a monitor, apparently the first time one has been named to oversee a nonprofit organization. But then-GC Peter Erichsen's proactive response to Getty's corporate governance problems is also noteworthy. Erichsen volunteered full cooperation and embraced reform, turning the AG's iron fist into a velvet glove.
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