Word: interest
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...This cross-pollination of executives among CAC 40 firms in France has created a tight-knit milieu where business and personal interests are intertwined in what might raise conflict-of-interest concerns elsewhere. But because of the historical coziness of corporate France - and the current conservative government's pro-business philosophies - the private sector has largely been left to police its own boardroom policies. And this has brought forth little change. When France's main employers' groups, the Movement of the French Enterprises and the Association of French Private Enterprises, drew up corporate-representation guidelines...
...these funds over the past two years; others, such as T. Rowe Price Group and John Hancock Funds, are preparing to roll out similar funds, all in an effort to go head-on against actively managed mutual funds. "It's clearly a category that's attracting more interest among ETF providers and mutual-fund companies," says Standard & Poor's Tom Graves. "It combines the characteristics of a passive, index-based ETF with that of an actively managed mutual fund." (See pictures of the stock-market crash...
...Michigan's lieutenant governor, John Cherry, announced earlier this month that he wouldn't seek the state's top elected post, Democrats here and across the country sighed in relief. Though Cherry was the ostensible front runner to succeed Jennifer Granholm, a fellow Democrat, he couldn't muster enough interest, or money, to wage a credible campaign. Cherry's departure effectively opens what's expected to be a fierce primary battle between two ambitious, business-minded Democrats for the task of keeping Michigan's governor's seat in the party's hands...
...corporate fat cats oppressing the little guy ignores the revolution in campaign finance and communications that is being wrought by the Internet. Viable candidacies can now be launched overnight by the enthusiasm of small donors. Times have never been better for a candidate who manages to fire the interest of grass-roots voters...
...block them in court. For Berlusconi, this isn't so much an attempt at new media control as it is part of an old story line. The billionaire Prime Minister just happens to own the country's only major private television network, which critics say is a conflict of interest much more troubling for the country than any of his private dalliances or verbal faux pas. (See pictures about Silvio Berlusconi and the politics...