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The documents show that industry has been agitated about ministers' "unrealistic" plans to tighten the rules on conflicts of interests.
"I can see the case for specific rules on conflicts of interest, but that doesn't begin to exhaust the ethical challenges that confront economists," Mr. DeMartino said.
A Bloomberg News official said the company would follow existing rules on conflicts of interest, which forbid the company to cover itself.
It would tighten rules on conflicts of interest for the state's part-time legislators — creating, for instance, an independent ethics panel to monitor the Legislature.
The already strict rules on conflicts of interest are being tightened in the wake of the Lord Simon affair to ensure that ministers do not take decisions on matters where they have a direct interest.
Similarly, Mr Pitt allowed state attorneys-general, notably New York's Eliot Spitzer, to take the lead in drawing up new rules on conflicts of interest in investment banks, something that should fall squarely within the SEC's purview.
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Documents show the group systematically flouted new rules on conflict gold.
It is consulting with outside experts to draft rules on conflict-of-interest so state agencies cannot buy goods and services from companies owned by state officials.
"The organization takes the principle of treating all members equally very seriously, as well as our rules on conflict and confidentiality," she said.
The Tories argue that BBC rules on conflict of interest preclude Lord Sugar (as we must learn to call him) from fronting The Apprentice and advising the government.
Mr. Silva "expressed concern that Goldman would suffer significant financial harm if consumers and clients learned the extent of Goldman's noncompliance with the rules on conflict of interest," according to the lawsuit.
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