Mr. Prince no longer lives in the United States. According to court documents filed in a case brought by former Xe employees against Mr. Prince accusing him of defrauding the government, Mr. Prince has moved to Abu Dhabi. In addition to enrolling his children in good schools, he reportedly hopes to continue the very profitable line of work in which he has been engaged, in Africa and the Middle East. According to colleagues there’s another reason he moved. They told the New York Times, Mr. Prince is bitter about the “legal scrutiny and negative publicity his company had received.” It’s hard to imagine why he thought his company, facing the kinds of charges described above and having settled the charges described above, would be surprised at the absence of favorable publicity. The offenses for which it’s been fined as well as those still being investigated, rarely earn their perpetrator applause. Mr. Prince’s colleague who spoke to the NYT also said that Mr. Prince needed “a break from America.” Mr. Prince is an heir to a “Michigan auto parts fortune.” Michigan is in America. His family made its fortune in America and that fortune enabled Mr. Prince to make millions more. I am confident his “break from America” will not have any adverse affect on his fortunes and I am sure he does not want it to be perceived as a lack of appreciation for all America has done for him. He probably just moved because Abu Dhabi has really good schools. It’s too bad he didn’t stay in the town in which he lived and worked and help to improve the schools there Christopher Brauchli ☀
AZspot
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Monday 30 August 2010
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