"We are confident there are no actual or perceived conflicts of interest.
Published stock research has been heavily scrutinized in recent months because of perceived conflicts of interest.
Across the country, the reporting of such perceived conflicts has traditionally fallen short.
Some El Paso shareholders had sued to block the deal, highlighting perceived conflicts of interest.
While the practice can be legal, competitors have moved away from such investments after facing perceived conflicts.
Moreover, they are losing some of their best customers, traders at traditional financial firms, because of perceived conflicts of interest.
Ernst & Young and KPMG, which have shed their consulting businesses, said they would support the same measures, which are intended to avoid perceived conflicts of interest.
In addition, as is usual with significant appointments such as these, there will be a clear framework in place to avoid any potential perceived conflicts".
This can, however, present a risk of actual or perceived conflicts of interest, and undermine value for money or affect the government's reputation.
We have to overcome stereotypical, transactional relationships in which providers are kept at arms length in service design because of perceived conflicts of interest.
"I am doing away with any perceived conflicts, and this will also give me more time to commit to Citigroup," Mr. Weill said in an interview yesterday.
