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Former Gov. Garrey Carruthers has been a hit on the speaker circuit with the Cowboy Code of Ethics.
A few years ago, business schools at UNM and NMSU received grants from the Daniels Foundation to develop ethics programs. The challenge became how to convey ethical principles simply and effectively.
Carruthers, dean of NMSU’s business school, took his inspiration from the book “Cowboy Ethics: What Wall Street Can Learn from the Code of the West,” by James P. Owen, a former Wall Streeter grown weary of corporate scandals. The solution, Owens said, was not more laws and regulations but a return to basic values. From a lifelong interest in the West, Owen wrote Cowboy Ethics.
Closer to home, Hobbs native Bill Daniels, namesake of the granting organization and the father of cable TV, “was driven by principle-based ethics,” Carruthers said. And growing up in Aztec, Carruthers was familiar with that code. In his father’s papers, Carruthers found a promissory note written on the back of an envelope.
Carruthers also likes to watch old western movies (a man after my own heart). In a recent speech, he offered his take on Owens’ code:
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