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Elected officials who lobby face conflicts of interest when matters coming before them as office holders also affect their paying clients.
Although such a firm would face conflicts of interest, they would be no more serious than those that already exist between accounting and management consulting.
"As a result, the partners of Apollo Investment Management will face conflicts in the allocation of investment opportunities to other Apollo funds," it says.
Mr. Bloomberg last month named his deputy mayor, Patricia E. Harris, as the unpaid and voluntary chairwoman and chief executive of the foundation, setting off criticism that Ms. Harris will face conflicts of interest as she navigates the two roles.
WPP could face conflicts if it sought to acquire Grey Global because agencies that it owns like J. Walter Thompson and Ogilvy & Mather work for the principal Procter competitor, Unilever.
Senior managers in large global investment banking groups will also face conflicts with their counterparts in Asia and the US, though President Barack Obama has in the past hinted at attempting a cap on Wall Street too.
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But the leader will also face conflict on the streets.
Deputy Chief Edwin Young said officers would face conflicting interests if, for example, they witnessed under-age drinking inside bars that had hired them.
G1 NEW YORK/REGION B1-8 Dominicans in the Bronx Face Conflicted Loyalties For Dominicans living in Washington Heights and the Bronx, the local team usually means the Yankees.
Jewish Americans — who remain deeply loyal to Israel and staunch defenders of its right to exist — now face conflicting winds blowing on two continents.
Now, governments will face conflicting calls to soften the downturn through new regulation and to restart growth by opening the world's borders further.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com