The Conservative Cave

Current Events => General Discussion => Topic started by: cavegal on December 15, 2010, 07:13:21 PM

Title: Gov.-elect Brown's banker sister moving to avoid possible conflict
Post by: cavegal on December 15, 2010, 07:13:21 PM

http://latimesblogs.latimes.com/california-politics/2010/12/gov-elect-browns-banker-sister-moving-to-avoid-possible-conflict.html

Quote

Kathleen Brown is Goldman Sachs’ head of public finance on the West Coast, and the securities firm is a major underwriter of California’s debt. That leads to a bit of a conflict as Brown’s older brother, Jerry, prepares to take office as the state’s next governor.

So she is leaving her Los Angeles post and heading to Chicago, according to Bloomberg News, where she will become chairman of investment banking for the Midwest.

Hmmm major underwriter of California's debt... now moving to Chicago... nothing to see here ... move along

Title: Re: Gov.-elect Brown's banker sister moving to avoid possible conflict
Post by: DumbAss Tanker on December 16, 2010, 11:11:06 AM

Common-sense appearaances aside, financial involvements of one's adult siblings outside one's household do not normally amount to legal conflicts of interest.