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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: conflict of interest

conflict of interest stories: 23 news summaries

1 - 20 of 23 Stories | 1 2 Next >>

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INVESTIGATION

Ex-Generals Cash in as
Gov't 'Mentors'

They collect millions... while also working for defense contractors

Nov 18, 09 11:59 AM CST
(Newser) - If you’re a general unhappy with your measly six-figure salary, just retire; the Pentagon will pay you millions to come back and consult, even if you’re also drawing a paycheck from a defense contractor. At least 158 retired admirals and generals are now on the Pentagon payroll as... More »

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Army contracts • conflict of interest • consultant • defense contractors • military officers

American Adviser to Kurds Outed as Oil Shareholder

Galbraith's policy push won him $100M

Nov 12, 09 9:15 AM CST
(Newser) - An influential American advocate for Iraqi Kurds, who helped successfully secure Kurdish control over new oil finds in northern Iraq in the country's constitution, stands to reap more than $100 million from the policy he shaped. Peter Galbraith, it turns out, received rights to an enormous oil stake in Kurdistan... More »

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Iraq • Iraq oil • Kurdistan • Kurds • Norway • Peter Galbraith • oil companies • conflict of interest

(Newser) - Ben Stein is miffed about his summary expulsion from the New York Times’ Sunday business section, and he explains why in a lengthy piece for the American Spectator. Booted over a TV commercial he did for an online credit reporting service—not his first commercial, and not a subject... More »

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New York Times • columnists • Ben Stein • editorial pages • conflict of interest • credit score • fired • FreeScore

ANALYSIS

 Paulson Still Dogged 
 by Ethics Queries 

Ex-Goldman exec coddled firm as Treasury sec, critics say

Aug 9, 09 11:28 AM CDT
(Newser) - As a former Goldman Sachs exec, Henry Paulson vowed to avoid any potential conflicts of interest when he was appointed President Bush’s Treasury secretary. But seven months after he left office, the nagging questions surrounding Paulson’s tumultuous term in office suggest he may not have succeeded, Gretchen Morgenson... More »

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ethics • Wall Street • Goldman Sachs • Henry Paulson • AIG • Treasury Department • Lloyd Blankfein • bailout • conflict of interest • Wall Street bailout

(Newser) - Four top CEOs who sat down to lunch with President Obama at the White House have an unusual memento: the bill for their meals. White House staffers collected the credit card numbers of the executives from Coke, Xerox, AT&T, and Honeywell so they could pay up afterward, Politico reports.... More »

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White House • CEO • conflict of interest • lunch • President Obama • Ursula Burns • Randall Stephenson • Dave Cote • Muhtar Kent

Bayh's Wife
in Deep With Health Industry

Senator says his vote unaffected by Susan's myriad board positions

Jul 27, 09 6:21 AM CDT
(Newser) - As both sides of the health care debate court Sen. Evan Bayh's elusive vote, his wife's earnings from the industry are raising more than a few eyebrows. The Indianapolis Star  takes a look at Susan Bayh, who pulled down some $2.1 million between 2006 and 2008 for serving... More »

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health care • Indiana • health care industry • health care reform • Evan Bayh • WellPoint • board of directors • conflict of interest • Susan Bayh

Conflicts of Interest Rampant in Pentagon Travel: Study

Foreign governments, private firms back officials' trips

Jun 11, 09 10:39 AM CDT
(Newser) - Pentagon officials have taken some 22,000 trips whose $26 million tab was picked up by non-governmental sources like private firms and foreign governments, a study finds. The travel is “riddled with conflicts of interest,” said the head of a group behind the study. The medical industry was... More »

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travel • Pentagon • Department of Defense • conflict of interest

BlackRock's Multiple Roles
in Bailout Draw Scrutiny

Money manager faces conflict of interest calls

May 19, 09 7:46 AM CDT
(Newser) - Most financial firms have suffered in recent years, but money manager BlackRock is thriving. The firm manages $1.3 trillion for hedge funds, governments, and other big clients, but it's also been tapped to help the Fed with foundering companies like AIG and Freddie Mac. Now, reports the Wall Street ... More »

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BlackRock • conflict of interest • financial crisis • toxic assets

NY Fed Chair Quits Over Goldman Ties

Friedman upped stake in bank after it fell under Fed supervision

May 8, 09 1:53 AM CDT
(Newser) - The chairman of the Federal Reserve Bank of New York has abruptly stepped down amid criticism of his ties to Goldman Sachs, the Wall Street Journal reports. Stephen Friedman, who increased his holdings in Goldman after it became a bank holding company under Fed supervision, denied acting improperly. But he... More »

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Goldman Sachs • resignation • conflict of interest • New York Federal Reserve Bank • Stephen Friedman

(Newser) - One of the men convicted in the Pirate Bay file-sharing case is demanding a retrial, claiming that the judge is in cahoots with copyright-protection organizations, the Local of Sweden reports. Judge Tomas Norstrom acknowledges being a member of such groups but denies any conflict of interest. Last week, he found... More »

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entertainment • copyright law • copyright • file sharing • judge • Sweden • The Pirate Bay • copyright infringement • conflict of interest • Tomas Norstrom

Palin Accused
of Conflict of Interest

Alaska resident says governor's PAC leads to neglect of duties

Apr 23, 09 10:50 AM CDT
(Newser) - Yet another ethics complaint was filed against Sarah Palin yesterday, alleging that the governor’s extracurricular excursions on behalf of SarahPAC pose a conflict of interest. The complaint, filed by an Anchorage mother and advocate for children with disabilities, says Palin left the state at a crucial time—the end... More »

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ethics • Alaska • conflict of interest • Sarah Palin • SarahPAC

Waters Helped Get Funds
for Bank With Family Ties

Critics see major conflict of interest

Mar 12, 09 6:00 PM CDT
(Newser) - Maxine Waters is getting lots of unwanted attention about her role in helping a bank with family ties get a helping of TARP money. Both the New York Times and the Wall Street Journal have stories raising questions about whether the California congresswoman used undue influence to get aid for... More »

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Congress • bank • bailout • conflict of interest • banking industry • TARP • Maxine Waters

(AP) - Bernard Madoff's lawyer told a judge today his client will plead guilty later this week to 11 counts including money laundering, perjury and securities, mail and wire fraud. Prosecutors say the disgraced money manager will face up to 150 years in prison on the charges. More »

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Federal Court • money laundering • perjury • guilty plea • wire fraud • Ponzi scheme • attorney • securities fraud • conflict of interest • Bernard Madoff • mail fraud • Bill Maher Grid

(AP) - Disgraced money manager Bernard Madoff emerged from seclusion today to confront a potential conflict of interest in his massive fraud case: a $900,000 investment by his lawyer's sons. Prosecutors asked the judge to rule on the conflict to clear the way for another highly anticipated proceeding Thursday, when Madoff... More »

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Federal Court • lawyer • Ponzi scheme • scandal • securities fraud • conflict of interest • Bernard Madoff • Ira Sorkin

(AP) - A New Jersey congressman is demanding an investigation after Bruce Springsteen fans were unable to buy tickets from Ticketmaster's website—which promptly offered them more expensive tickets from a subsidiary. When tickets for Springsteen's Meadowlands show went on sale Monday, some fans attempting to buy them got an error message... More »

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Internet • concert • Bruce Springsteen • Ticketmaster • TicketsNow • conflict of interest • tickets

Clinton Collected $500K From Japanese Firm for...Nothing?

Pricey non-speech could raise difficult questions for Hillary

Jan 13, 09 5:38 AM CST
(Newser) - The Senate panel considering Hillary Clinton's secretary of state nomination today may ask why her husband's most expensive speech was one he never gave, the Los Angeles Times reports. Clinton received $500,000—double what he received for other speeches on the same tour—for the canceled speech he was... More »

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Hillary Clinton • secretary of State • Bill Clinton • confirmation hearings • speech • conflict of interest • Clinton Foundation

Kennedy Won't Make Personal Disclosures Yet

She refuses to reveal financial info 'unless and until' she gets job

Dec 23, 08 7:13 AM CST
(Newser) - Caroline Kennedy has refused to disclose a variety of personal data, from which companies she has invested in to whether she has ever been charged with a crime, reports the New York Times. While candidates or sitting senators must make annual financial disclosures, potential appointees to a vacant seat have... More »

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Senate • New York • Caroline Kennedy Schlossberg • David Paterson • conflict of interest • financial disclosure

 Cleveland Clinic 
 First to Divulge 
 Docs' Drug Ties 

Research center strives for complete disclosure on potential conflicts of interest

Dec 3, 08 4:35 AM CST
(Newser) - One of America's leading medical research centers will reveal all links its doctors and scientists have to drug companies and makers of medical devices, the New York Times reports. The move by the Cleveland Clinic—stung by conflict-of-interest accusations when cozy relationships between staff and suppliers have been discovered—is... More »

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drug companies • health care industry • medical research • doctor • Cleveland Clinic • conflict of interest

Senator Told
It's Unethical to
Deliver Babies

Ethics panel sees conflict in Coburn's pro-bono work

Aug 12, 08 5:39 PM CDT
(Newser) - Sen.Tom Coburn, an obstetrician by profession, is a stubborn guy. Known around the cloakroom as Dr. No, he isn't about to let anyone tell him to stop delivering babies when he's at home in Oklahoma at recess. The Senate Ethics Committee insists it's a conflict of interest, even though... More »

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medicine • Republican • doctor • Tom Coburn • Senate Ethics Committee • conflict of interest • obstetrician-gynecologists

Rangel's Fundraising for 'Me' Monument Questioned

Solicits cash from firms linked to his panel

Jul 15, 08 12:16 PM CDT
(Newser) - New York Rep. Charles Rangel has raised eyebrows with fundraising efforts for a new center Republicans labeled his “Monument to Me.” After securing a $1.9 congressional earmark, Rangel is soliciting money from firms affected by his House Ways and Means Committee to build the Charles B. Rangel... More »

MORE ABOUT:
Congress • New York City • earmarks • Charles Rangel • fundraiser • House Ways and Means Committee • political scandal • conflict of interest

1 - 20 of 23 Stories | 1 2 Next >>


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