Thursday, June 21, 2007

White House run wouldn't force Bloomberg to sell

(Reuters) - No law would require Bloomberg to sell his majority stake in the company that bears his name even if he wins the presidency, but every decision he made in the Oval Office would be scrutinized for the impact it would have on the news and financial information provider, experts said.




"When it comes to a conflict of interest, technically for the president of the United States, that becomes a political issue, not a legal one," said Jan Baran, a campaign finance lawyer.


Read more at Reuters.com Bonds News

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