"In a famous case in [[New York]] in 1928, Chief Judge [[Benjamin Cardozo]] ruled against a partner who had attempted to enrich themselves at the expense of another partner. “**A trustee is held to something stricter than the morals of the marketplace**,” he wrote in his decision. “**Not honesty alone**, but the punctilio of an honor the most sensitive, is then the standard of behavior . . . the level of conduct for fiduciaries has been kept **at a level higher than that trodden by the crowd**.”" --- **Tags** -- [[quotes]], [[fiduciaries]], [[character]], [[personal-values]], [[corporate-governance]], **Source** -- [[202409180127 - B - Right Thing, Right Now]]