Deutsche Bank will pay $2.5 million to resolve an industry regulator’s allegations that it failed to properly disclose conflicts of interest in debt and equity research reports https://t.co/kR2oB6fJoK ...

Group 1 - Global Partners has filed a lawsuit against the Massachusetts Department of Transportation (MassDOT) for allegedly violating the Massachusetts Public Records Law regarding a $750 million deal with Applegreen [3][4] - The lawsuit claims that state official Scott Bosworth had improper communications and undisclosed personal relationships with Applegreen's bid team, which may have influenced MassDOT's decision [4][5] - Global Partners is seeking a court order to prevent MassDOT from finalizing its deal with Applegreen, arguing that the agreement is compromised by illicit communications and conflicts of interest [5] Group 2 - Applegreen's deal with MassDOT involves the redevelopment and operation of 18 state highway service plazas, which would enhance Applegreen's presence in the U.S. market over the next 35 years [5]

Peter Mandelson’s advisory firm Global Counsel allowed the risk of conflicts of interest to persist for months after he was appointed Britain’s ambassador to the US because the loss-making company was unable to buy out his multimillion pound stake https://t.co/2thezX4VOm ...

Well… is it good for someone with no experience in allocating capital to suddenly be put in charge of allocating billions?Also, it’s not clear that career politicians actually have less in the way of conflicts-of-interest than businessmen. Career politicos have many interest groups to propitiate.vasanth (@NextVasanth):@balajis isn’t the implicit point that political billionaires are not professional capital allocators, so they would allocate their budget based on a different set of principles (not maximizin ...