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A conflict may occur between an officer's obligations to the University and his or her personal interests where there could be a misuse of privileged information for private gain.
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By obtaining privileged information from connections?
But start accepting the principle of "privileged" information - legal for some to possess and use, illegal for others - and the sphere of acceptable activism shrinks dramatically.
In this measure, high scores are given to participants who successfully withhold this privileged information when asked for their description of the bystander's perspective.
Mr Fazio was implored to quit by Italy's finance minister last week after revelations that he is under investigation for misusing privileged information relating to a bid for Banca Antonveneta.
Investigators alleged that Sarkozy had promised the magistrate a plum position in Monaco in exchange for privileged information about charges pending against him.
In the case of interception warrants involving confidential information relating to sensitive professions such as journalists, doctors and lawyers, the protections to be used for privileged information have to be spelled out when the minister approves the warrant.
With companies scrambling to protect their privileged information, the worldwide market for security services is projected to grow to $17.2 billion in 2004 from $5.5 billion in 1999, according to the International Data Corporation, a market research firm.
The scandal, in which lenders have been accused of wining and dining officials in exchange for privileged information or favors, threatens to bring down the governor of the central bank.
The Feb. 20 memo by State Department acting legal adviser Richard Visek to Tillerson is entitled "SBU: Protecting Privileged Information". The SBU stands for Sensitive But Unclassified, a designation used on documents that are not technically secret but also not supposed to be shared.
The privilege entitles you to refuse to answer questions when you appear if those questions call for privileged information," said Stephen Gillers, a legal ethics professor at New York University law school.
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