Supreme Court Gives Goldman Sachs a Do-Over in Securities Fraud Suit

The justices said the bank may renew its arguments that its statements about honesty and integrity were too generic to support a class action for billions of dollars.

#appeals-courts-us, #banking-and-financial-institutions, #barrett-amy-coney, #conflicts-of-interest, #goldman-sachs-group-inc, #securities-and-commodities-violations, #stocks-and-bonds, #subprime-mortgage-crisis, #suits-and-litigation-civil, #supreme-court-us

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Google’s Hidden Monopoly

The absence of stringent regulation has allowed the search giant to dominate the powerful market for online advertising. Here’s how to fix it.

#advertising-and-marketing, #alphabet-inc, #antitrust-laws-and-competition-issues, #computers-and-the-internet, #conflicts-of-interest, #doubleclick-inc, #gensler-gary-s, #google-inc, #jayapal-pramila, #law-and-legislation, #online-advertising, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission, #texas

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A Trump Case Awaits. Who Is the Best Prosecutor for the Job?

Some candidates for Manhattan’s district attorney are agents of change who want to cut the police budget. Others are very comfortable with long-established established power networks.

#aboushi-tahanie, #agnifilo-karen-friedman, #bragg-alvin, #clark-huguette-m, #conflicts-of-interest, #elections-district-attorneys, #farhadian-weinstein-tali, #new-york-city, #trump-organization, #vance-cyrus-r-jr, #working-families-party

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A Trump Case Awaits the Next Manhattan DA. Who Is the Best Prosecutor for the Job?

Some candidates for Manhattan’s district attorney are agents of change who want to cut the police budget. Others are very comfortable with long-established established power networks.

#aboushi-tahanie, #agnifilo-karen-friedman, #bragg-alvin, #clark-huguette-m, #conflicts-of-interest, #elections-district-attorneys, #farhadian-weinstein-tali, #new-york-city, #trump-organization, #vance-cyrus-r-jr, #working-families-party

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A Glimpse of a Future With True Shareholder Democracy

Big stock funds own increasingly large chunks of publicly traded companies, leaving fund shareholders without a vote on corporate governance. But there’s a better way.

#as-you-sow, #boards-of-directors, #coates-john-c-iv, #conflicts-of-interest, #gensler-gary-s, #mutual-funds, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission, #shareholder-rights-and-activism

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How Eric Adams, Mayoral Candidate, Mixed Money and Political Ambition

Mr. Adams, the Brooklyn borough president, has called money the “enemy of politics.” But his fund-raising has repeatedly pushed the boundaries of campaign-finance and ethics laws.

#adams-eric-l, #brooklyn-nyc, #campaign-finance, #conflicts-of-interest, #elections-mayors, #ethics-and-official-misconduct, #new-york-city, #one-brooklyn-fund-inc, #political-advertising

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As Scrutiny of Cryptocurrency Grows, the Industry Turns to K Street

Companies behind digital currencies are rushing to hire well-connected lobbyists, lawyers and consultants as the battle over how to regulate them intensifies.

#banking-and-financial-institutions, #biden-joseph-r-jr, #binance, #bitcoin-currency, #blockchain-technology, #coinbase-inc, #conflicts-of-interest, #lobbying-and-lobbyists, #regulation-and-deregulation-of-industry, #ripple-labs-inc, #securities-and-exchange-commission, #trump-donald-j, #united-states-politics-and-government, #virtual-currency

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Andrew Yang’s Campaign Is Guided by a Wealthy Lobbyist

Andrew Yang’s relationship with Bradley Tusk, a tech investor, has raised concerns about conflicts of interest if he is elected.

#conflicts-of-interest, #content-type-personal-profile, #elections-mayors, #lobbying-and-lobbyists, #new-york-city, #politics-and-government, #tusk-bradley-1973, #yang-andrew-1975

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Voting Rights Standoff Stalls Trump-Inspired Ethics Measures

After the Trump presidency, democracy activists and many Democrats seized a moment to rebuild constitutional guardrails, but the effort could die in the face of a larger fight over voting rights.

#biden-joseph-r-jr, #conflicts-of-interest, #constitution-us, #ethics-and-official-misconduct, #law-and-legislation, #storming-of-the-us-capitol-jan-2021, #trump-donald-j, #united-states-politics-and-government

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Supreme Court Looks for Narrow Path in Investors’ Suit Against Goldman Sachs

Both sides agreed that generic statements about firms’ integrity and honesty can sometimes be the basis for securities fraud class-action suits.

#banking-and-financial-institutions, #barrett-amy-coney, #breyer-stephen-g, #conflicts-of-interest, #goldman-sachs-group-inc, #goldstein-thomas-c, #pensions-and-retirement-plans, #suits-and-litigation-civil, #supreme-court-us

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José Baselga, Who Advanced Breast Cancer Treatments, Dies at 61

He was a top executive at Memorial Sloan Kettering before resigning over payments from health care companies. He went on to lead cancer research at AstraZeneca.

#astrazeneca-plc, #baselga-jose, #breast-cancer, #cancer, #conflicts-of-interest, #deaths-obituaries, #drugs-pharmaceuticals, #herceptin-drug, #memorial-sloan-kettering-cancer-center, #research

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The Times Is Adding Disclosures About David Brooks’s Outside Work to His Columns

Mr. Brooks has resigned from a paid post at the Aspen Institute, a think tank, and will be involved as a volunteer with a group he founded at Aspen, the paper said.

#aspen-institute, #brooks-david, #conflicts-of-interest, #new-york-times, #news-and-news-media, #newspapers

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After Abuse Allegations, $2 Billion Shelter Network Faces Scrutiny

Mayor Bill de Blasio ordered a review of the groups that run New York’s homeless housing after The New York Times uncovered accusations of sexual and financial misconduct.

#bronx-parent-housing-network-inc, #conflicts-of-interest, #de-blasio-bill, #ethics-and-official-misconduct, #homeless-persons, #new-york-city, #nonprofit-organizations, #rivera-victor-m-1960, #sex-crimes, #sexual-harassment

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‘Nobody Tells Daddy No’: A Housing Boss’s Many Abuse Cases

Victor Rivera gained power and profit as New York’s homeless crisis worsened. Accused of sexual and financial misconduct, he has largely escaped consequences.

#bronx-parent-housing-network-inc, #conflicts-of-interest, #content-type-personal-profile, #homeless-persons, #new-york-city, #nonprofit-organizations, #rivera-victor-m-1960, #sex-crimes, #sexual-harassment, #workplace-hazards-and-violations

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How a High-Ranking Nissan Executive Escaped His Own Trap

Hari Nada helped bring down his boss, Carlos Ghosn. In the process, he nearly met his own downfall. But with shrewd maneuvering and the protection of high-ranking allies, he survived and thrived.

#appointments-and-executive-changes, #automobiles, #conflicts-of-interest, #ghosn-carlos, #japan, #kelly-greg-nissan-executive, #nada-hari, #nissan-motor-co, #renault-sa

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Supreme Court Ends Emoluments Suits Against Trump

The lawsuits accused the former president of violating the Constitution by doing business with foreign governments. The justices dismissed the suits as moot.

#conflicts-of-interest, #corruption-institutional, #suits-and-litigation-civil, #supreme-court-us, #trump-donald-j, #united-states-politics-and-government

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Justice Dept. Ends Stock Trade Inquiry Into Richard Burr Without Charges

Law enforcement officials told the senator that they would not pursue charges over his dumping of hundreds of thousands of dollars of stock after Senate coronavirus briefings early in the pandemic.

#burr-richard-m, #conflicts-of-interest, #coronavirus-2019-ncov, #insider-trading, #justice-department, #north-carolina, #senate, #senate-committee-on-intelligence, #united-states-politics-and-government

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Beyond Impeachment, a Push for Ethics Laws That Do Not Depend on Shame

Congressional Democrats and a slew of groups are preparing to push for the kinds of ethics and governance changes not seen since the post-Watergate era.

#biden-joseph-r-jr, #conflicts-of-interest, #ethics-and-official-misconduct, #hatch-act-1939, #law-and-legislation, #office-of-government-ethics, #presidents-and-presidency-us, #trump-donald-j, #united-states-politics-and-government, #watergate-affair

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A Year of Scandals and Self-Questioning for France’s Top Publishers

The release of “Consent” put France’s literary establishment under a harsh spotlight. The publishing industry is grappling with a nation that it resembles less and less.

#metoo-movement, #affirmative-action, #book-trade-and-publishing, #books-and-literature, #conflicts-of-interest, #consent-book, #editions-gallimard, #france, #gallimard, #goncourt-prize, #grasset, #matzneff-gabriel, #renaudot, #seuil, #sex-crimes, #vanessa-springora, #women-and-girls, #writing-and-writers

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Washington Has Been Lucrative for Some on Biden’s Team

Janet Yellen, the president-elect’s pick for Treasury secretary, collected more than $7 million in speaking fees over the past two years. Antony J. Blinken and Avril Haines did well, too.

#appointments-and-executive-changes, #biden-joseph-r-jr, #blinken-antony-j, #conflicts-of-interest, #presidential-transition-us, #treasury-department, #united-states-politics-and-government, #yellen-janet-l

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Sloan Kettering Paid $1.5 Million Severance to a Cancer Doctor Forced Out Over Conflicts

Memorial Sloan Kettering Cancer Center gave Dr. José Baselga a payout after he resigned under fire in 2018 over his ties to health care companies.

#appointments-and-executive-changes, #astrazeneca-plc, #baselga-jose, #conflicts-of-interest, #executive-compensation, #hospitals, #memorial-sloan-kettering-cancer-center, #nonprofit-organizations, #thompson-craig-b, #your-feed-healthcare

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What Should I Do About the Abusive Mom Down the Hall?

The magazine’s Ethicist columnist on how to respond when a neighbor is regularly hitting her kids, whether to accept a personal gift from a former patient and more.

#child-abuse-and-neglect, #conflicts-of-interest

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Investigation of His Son Is Likely to Hang Over Biden as He Takes Office

Unless the Trump Justice Department clears Hunter Biden, the new president will confront the prospect of his own administration handling an inquiry that could expose his son to criminal prosecution.

#attorneys-general, #biden-hunter, #biden-joseph-r-jr, #conflicts-of-interest, #justice-department, #presidential-transition-us, #presidents-and-presidency-us, #special-prosecutors-independent-counsel, #trump-donald-j, #united-states-politics-and-government

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As His Term Ends, Trump Faces More Questions on Payments to His Hotel

A civil case being pursued by the attorney general for the District of Columbia has brought renewed attention to what limits there should be on a president’s ability to profit from the office.

#campaign-finance, #conflicts-of-interest, #inaugurations, #racine-karl-a, #suits-and-litigation-civil, #trump-international-hotel-washington-dc, #trump-organization, #trump-tax-returns, #trump-donald-j, #trump-ivanka, #united-states-politics-and-government, #washington-dc, #winston-wolkoff-stephanie

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2,596 Trades in One Term: Inside Senator Perdue’s Stock Portfolio

The Georgia Republican’s stock trades have far outpaced those of his Senate colleagues and have included a range of companies within his Senate committees’ oversight, an analysis shows.

#conflicts-of-interest, #coronavirus-2019-ncov, #elections-senate, #georgia, #insider-trading, #perdue-david-a-jr, #regulation-and-deregulation-of-industry, #senate, #stocks-and-bonds, #united-states-politics-and-government

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Pedophile Scandal Can’t Crack the Closed Circles of Literary France

The scandal surrounding the writer Gabriel Matzneff was not limited to his pedophilia. It also opened a window on the entrenched and clubby nature of many of France’s elite institutions.

#awards-decorations-and-honors, #book-trade-and-publishing, #books-and-literature, #child-abuse-and-neglect, #conflicts-of-interest, #editions-gallimard, #france, #giudicelli-christian, #matzneff-gabriel, #prix-renaudot, #sex-crimes, #writing-and-writers

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Do You Have a Conflict of Interest? This Robotic Assistant May Find It First

They can’t detect all conflicts, but new computer programs serve as guard rails when scientists and publishers fail to self-police.

#academic-and-scientific-journals, #artificial-intelligence, #computers-and-the-internet, #conflicts-of-interest, #ethics-and-official-misconduct, #research, #writing-and-writers, #your-feed-science

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Time to Take a Pledge: No Stocks if You’re a Member of Congress

Owning actively traded shares can create conflicts of interest. Georgia’s Senate candidates agree. Will others? Mutual funds could be good for them.

#conflicts-of-interest, #content-type-service, #elections-senate, #georgia, #house-of-representatives, #loeffler-kelly-l, #mutual-funds, #ossoff-jon, #perdue-david-a-jr, #senate, #stocks-and-bonds, #united-states-politics-and-government, #warnock-raphael-g

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What’s Next for Trump? Family Business Awaits His Return

President Trump has long complained that public office cost him billions. Now he faces the challenge of jump-starting the company that bears his name, while television also beckons.

#conflicts-of-interest, #presidential-election-of-2020, #trump-organization, #trump-tax-returns, #trump-donald-j, #united-states-politics-and-government

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Chairman of Elite Wine Group Resigns Amid Its Sexual Harassment Scandal

Devon Broglie is the latest figure in the Court of Master Sommeliers to be accused of an inappropriate relationship.

#metoo-movement, #boards-of-directors, #broglie-devon, #conflicts-of-interest, #court-of-master-sommeliers-americas, #sexual-harassment, #wines

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Inside Decades of Nepotism and Bungling at the N.Y.C. Elections Board

Some staffers read or watch Netflix at the office, while others punch in and then go shopping or to the gym, current and former employees said.

#board-of-elections-nyc, #conflicts-of-interest, #democratic-party, #krueger-liz, #nepotism, #new-york-city, #phoenix-graphics-inc, #politics-and-government, #presidential-election-of-2020, #republican-party, #voter-fraud-election-fraud, #voter-registration-and-requirements

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Trump Records Shed New Light on Chinese Business Pursuits

As he raises questions about his opponent’s standing with China, President Trump’s taxes reveal details about his own activities there, including a previously unknown bank account.

#biden-hunter, #biden-joseph-r-jr, #china, #conflicts-of-interest, #federal-bureau-of-investigation, #giuliani-rudolph-w, #kushner-jared, #presidential-election-of-2020, #ruffin-phil, #senate, #trump-organization, #trump-tax-returns, #trump-tower-manhattan-ny, #trump-donald-j, #united-states, #united-states-politics-and-government

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The Confirmation Hearing of Amy Coney Barrett

With the judge looking all but certain to rise to the Supreme Court, Democratic senators scrutinized her on contentious issues like abortion, elections and Obamacare.

#abortion, #appointments-and-executive-changes, #barrett-amy-coney, #conflicts-of-interest, #democratic-party, #feinstein-dianne, #presidential-election-of-2020, #supreme-court-us, #united-states-politics-and-government

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7 Key Findings About Trump’s Reinvented Swamp

The president built a system of favor-seeking at his hotels and resorts that is unrivaled in modern American politics.

#conflicts-of-interest, #lobbying-and-lobbyists, #mar-a-lago-palm-beach-fla, #trump-international-hotel-washington-dc, #trump-organization, #trump-tax-returns, #trump-donald-j, #united-states-politics-and-government

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New 9/11 Trial Judge Steps Down, Citing Conflicts

The recusal of Col. Stephen Keane from hearing the case at Guantánamo Bay adds another roadblock to restarting pretrial hearings in the long-running case.

#al-qaeda, #conflicts-of-interest, #coronavirus-2019-ncov, #defense-department, #detainees, #guantanamo-bay-naval-base-cuba, #keane-stephen-f, #military-tribunals, #september-11-2001, #united-states-defense-and-military-forces

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Trump’s Taxes: 18 Revelations from a Trove of Records

Times reporters have obtained decades of tax information the president has hidden from public view. Here are some of the key findings.

#conflicts-of-interest, #income-tax, #lobbying-and-lobbyists, #presidential-election-of-2020, #the-apprentice-tv-program, #trump-organization, #trump-tax-returns, #trump-donald-j, #united-states-politics-and-government

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Democrats Fear Partisan Slant at Postal Service as Trump Allies Dominate Most of Board

The five Republicans on the seven-member board have taken a hands-on role in trying to defend the agency against accusations that it is trying to help the president win a second term by sabotaging voting by mail.

#conflicts-of-interest, #dejoy-louis, #postal-service-us, #postal-service-and-post-offices, #presidential-election-of-2020, #trump-donald-j, #united-states-politics-and-government

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How Trump Draws on Campaign Funds to Pay Legal Bills

As he has done with other aspects of the presidency, Donald J. Trump has redefined the practice in ways that have unsettled even some Republicans.

#america-first-action, #bolton-john-r, #bush-george-w, #campaign-finance, #campaign-finance-institute, #cohen-michael-d-1966, #conflicts-of-interest, #consovoy-william-s, #dershowitz-alan-m, #epshteyn-boris, #federal-election-commission, #giuliani-rudolph-w, #harder-charles-j, #hogan-hulk, #kasowitz-marc-e, #legal-profession, #manigault-omarosa, #miller-jason-1975, #obama-barack, #presidential-election-of-2016, #presidential-election-of-2020, #republican-national-committee, #russian-interference-in-2016-us-elections-and-ties-to-trump-associates, #sekulow-jay-alan, #sims-cliff, #suits-and-litigation-civil, #trump-organization, #trump-ukraine-whistle-blower-complaint-and-impeachment-inquiry, #trump-donald-j

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I Study Corporate Welfare. Even I Was Shocked by This Cronyism.

A privately owned entity created by the Export-Import Bank allows its customers to also be its owners.

#boeing-company, #conflicts-of-interest, #export-import-bank-of-us, #international-trade-and-world-market, #lobbying-and-lobbyists, #regulation-and-deregulation-of-industry

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Postal Service Has Paid Louis DeJoy’s Former Company $286 Million Since 2013

Documents obtained through a public records request showed the degree to which XPO Logistics, Postmaster General Louis DeJoy’s former employer, is intertwined with the agency he now oversees.

#conflicts-of-interest, #dejoy-louis, #ethics-and-official-misconduct, #government-contracts-and-procurement, #postal-service-us, #postal-service-and-post-offices, #united-states-politics-and-government, #xpo-logistics-inc

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DeJoy Earned Millions From Company With Financial Ties to Postal Service

The postmaster general, under fire for his business ties and his cost-cutting measures, will testify before the House next week.

#absentee-voting, #conflicts-of-interest, #coronavirus-2019-ncov, #dejoy-louis, #democratic-party, #ethics-and-official-misconduct, #house-committee-on-oversight-and-government-reform, #house-of-representatives, #office-of-government-ethics, #postal-service-us, #postal-service-and-post-offices, #presidential-election-of-2020, #republican-party, #senate, #trump-donald-j, #united-states-politics-and-government, #xpo-logistics-inc

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Scientists Worry About Political Influence Over Coronavirus Vaccine Project

Operation Warp Speed has moved along at a rapid clip. But some people involved in the approval process fear pressure to deliver an October surprise for President Trump.

#appointments-and-executive-changes, #azar-alex-m-ii, #birx-deborah-l, #clinical-trials, #conflicts-of-interest, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #fauci-anthony-s, #food-and-drug-administration, #hahn-stephen-m-1960, #health-and-human-services-department, #kushner-jared, #medicine-and-health, #moderna-inc, #polls-and-public-opinion, #presidential-election-of-2020, #public-private-sector-cooperation, #regulation-and-deregulation-of-industry, #slaoui-moncef-m, #trump-donald-j, #united-states-politics-and-government, #vaccination-and-immunization

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Deutsche Bank Opens Review Into Personal Banker to Trump and Kushner

The bank will examine a 2013 transaction between the banker, Rosemary Vrablic, and a company part-owned by Jared Kushner.

#banking-and-financial-institutions, #conflicts-of-interest, #deutsche-bank-ag, #house-committee-on-intelligence, #kushner-cos, #kushner-jared, #real-estate-and-housing-residential, #trump-international-hotel-washington-dc, #trump-donald-j, #trump-ivanka, #vrablic-rosemary-t

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Sanofi and GlaxoSmithKline Snag Biggest Coronavirus Vaccine Deal Yet

The arrangement brings the Trump administration’s investment in coronavirus vaccine projects to more than $8 billion. The head of the federal effort is a former GSK executive.

#conflicts-of-interest, #coronavirus-2019-ncov, #glaxosmithkline-plc, #politics-and-government, #public-private-sector-cooperation, #sanofi-sa, #vaccination-and-immunization, #your-feed-science

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Trudeau Goes Before Parliament to Face Questions on Charity Scandal

The Canadian prime minister will testify before a Parliamentary committee. Will it raise more questions, or will he work his political magic and calm the frenzy?

#canada, #conflicts-of-interest, #trudeau-justin, #we-charity

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Big Tech Funds a Think Tank Pushing for Fewer Rules. For Big Tech.

Google, Amazon and Qualcomm finance a George Mason University institute teaching a hands-off approach to antitrust regulators and judges.

#amazon-com-inc, #antitrust-laws-and-competition-issues, #colleges-and-universities, #computers-and-the-internet, #conflicts-of-interest, #conventions-fairs-and-trade-shows, #george-mason-university, #ginsburg-douglas-h, #google-inc, #justice-department, #law-schools, #naidu-suresh, #philanthropy, #qualcomm-inc, #regulation-and-deregulation-of-industry, #varian-hal-r, #wright-joshua-d-1977

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Trump Denies Talking to Ambassador About Moving British Open to His Resort

Ambassador Robert Wood Johnson IV did not deny the episode, but in a Twitter post he wrote that he did not violate any regulations.

#british-open-golf, #conflicts-of-interest, #ethics-and-official-misconduct, #johnson-robert-wood-iv, #lukens-lewis-a, #trump-donald-j, #turnberry-scotland-golf-resort, #united-states-international-relations, #united-states-politics-and-government

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Chief Vaccine Scientist Will Not Be Forced to Disclose Pharmaceutical Stocks

Dr. Moncef Slaoui, the chief adviser for the Trump administration’s coronavirus vaccine program, can remain a government contractor, thus shielding him from disclosure rules.

#conflicts-of-interest, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #health-and-human-services-department, #lower-drug-prices-now, #public-citizen, #slaoui-moncef-m, #trump-donald-j, #united-states-politics-and-government, #vaccination-and-immunization

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Complaint Faults Museum Director for Hanging His In-Law’s El Greco

A whistle-blower accusation argues that conflict-of-interest rules to prevent self-dealing have been skirted at the Detroit Institute of Arts.

#art, #conflicts-of-interest, #detroit-institute-of-arts, #museums, #race-and-ethnicity, #whistle-blowers, #whistleblower-aid

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Biden Should Not Debate Trump Unless …

Here are two conditions the Democrat should set.

#biden-joseph-r-jr, #commission-on-presidential-debates, #conflicts-of-interest, #debates-political, #presidential-election-of-2020, #putin-vladimir-v, #trump-tax-returns, #trump-donald-j, #united-states

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