Word: conflict-of-interest
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...wake of Murdoch's latest move, some media analysts warn of a potential conflict-of-interest problem: TV Guide, after all, will be reviewing Fox Television shows. "TV Guide is the dominant medium for program promotion," argues Andrew Jay Schwartzman, executive director of the Media Access Project, a Washington-based public-interest law firm. "The potential for abuse is considerable...
...will not be prosecuted for violating any of the laws he had been entrusted to enforce. But far from the "vindication" that Meese had confidently predicted, McKay's 830-page report asserts that Ronald Reagan's longtime friend "willfully" filed a false tax return and "probably" violated conflict-of-interest laws. If Meese's legal troubles are behind him, his ethical behavior remains troubling...
Baby Bells. Meese also "probably" violated conflict-of-interest laws by taking part in Justice Department decisions that could have enhanced the value of the stock he held in regional Bell Telephone companies. Although Meese had tried to transfer the shares to a financial adviser, he did not actually sell them and continued to get dividend checks. But he did not cash them, and McKay found no evidence that Meese sought to profit from the Justice Department deliberations...
...speech, long in the making, was delayed until the release of the report by independent counsel James M. McKay on Attorney General Edwin Meese, which said Meese probably broke two tax laws and twice violated a criminal conflict-of-interest statute. McKay sought no charges...
WASHINGTON--Attorney General Edwin Meese III probably broke two tax laws and violated a criminal conflict-of-interest statute, but won't be charged with a crime, Independent Counsel James McKay concluded in an 814-page report unveiled to the public yesterday...