BNET Business Dictionary
Business Definition for: Blind Trust
- a trust that manages somebody's business interests, with contents that are unknown to the beneficiary. People assuming public office use such trusts to avoid conflicts of interest.
Additional Resources
- DOD seeks blind trust in Thomson's buy of LTV unit - Department of Defense, Thomson CSF, LTV missile division
- WASHINGTON -- Thomson-CSF's pending $300 million acquisition of the LTV missile division is caught in a standoff, Congress was told last week: the Pentagon requires the French company to set up a blind trust to perform sensitivie classified contracts, a demand that Thomson doesn't want to meet.
- Research articles 1992-05-04
- Blind Trust: Market Control, State Policy, and the Dynamics of Competitive Intensity in the Early American Film Industry, 1893-1920
- This paper examines the institutional ecology of competitive dynamics by focusing on the role of the state in mediating the dynamics of competitive intensity. The context is the early American film industry. The study the means by which a trust, The Motion Pictures Patents Corporation was able to affect both...
- White papers 2004-04-30
- 'Blind Spots' Gives Individuals a Comprehensive Set of Tools and Strategies to See Themselves Differently
- DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c55174) has announced the addition of "Blind Spots: Achieve Success by Seeing What You Can't See" to their offering. Praise for Blind Spots "Shelton's open and candid style inspires trust among readers. Management teams and those making career choices can push their...
- Research articles 2007-04-26
- Dr. West and Mr. Summers: A Harvard tale - Cornel West vs. Larry Summers
- When an individual assumes certain positions of public responsibility, we require him to place his financial assets in a blind trust. We do this in order that he not profit personally from his office. When an individual assumes the presidency of a great university, we require him to place his...
- Research articles 2002-01-28
- Frank and Dodd: Bailout Naysayers Got Big Finance Industry Bucks
- Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksRE: Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksBarney Frank has shown me nothing - especially not critical thinking - only crisp one liners on Bill Maher's show.DWRE: Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksDodd and...
- Discussion threads 2008-09-23
- The 4 Phases of Continuous Sourcing
- Purchasing can deliver ongoing benefits, but only if it cycles through a series of linked disciplines. The article talks about balanced sourcing which defines a philosophy of cooperative supplier relationships coexisting with a comparable commitment to competitive pricing. In fact, focusing on the relationship alone can generate supplier "partnerships" built...
- White papers 2002-04-01
- Ex-NBA players to buy CBA
- The Continental Basketball Association's once uncertain future now looks much brighter.The Quad-City Times reported Tuesday that a group of former NBA players and assistant coaches has signed a letter of intent to purchase the CBA. The CBA has been in a blind trust controlled by trustee Ivan Thornton since October...
- Research articles 2000-11-30
- Trust, teamwork saved duo
- Roselle was the only guide dog to escape the collapse of the World Trade Center towers, and she did it working collaboratively with her master, Michael Hingson. Hingson, who is blind, has depended on the companionship and protection of a guide dog since he was 14. On the...
- Research articles 2004-05-16
- Trust, teamwork saved duo
- Roselle was the only guide dog to escape the collapse of the World Trade Center towers, and she did it working collaboratively with her master, Michael Hingson. Hingson, who is blind, has depended on the companionship and protection of a guide dog since he was 14. On the...
- Research articles 2004-05-15
- New military sexual assault policies—building a bridge of trust
- Sergeant "Ronald Hall" was drinking with his buddies in the barracks and subsequently passed out. He woke up later to find his roommate sexually, assaulting him. First Lieutenant "Jennifer Robinson" went on a blind date set up by her roommate. After dinner, Jennifer and her date went out for...
- Research articles 2005-10-01
- Frist Continues to Mislead On Not-So-Blind Trust, Says DNC (1/2)
- WASHINGTON, Jan. 29 /U.S. Newswire/ -- The following was released today by the Democratic National Committee (part 1 of 2): "WE DON'T DISCUSS IT...AT ALL" Senator Bill Frist and His Brother Thomas Frist, Largest HCA Shareholder: "Very, Very Cautious" About Their Personal Contact. Margaret Campo, communications director for Senator Frist,...
- Research articles 2006-01-29
- Taking issue: Nic Cicutti reports on the latest issues rocking the world of finance
- Once bitten twice shy--or are we? Many of us with experience of the stock market in recent years will have been determined to make sure that what happened between 2000 and 2003 never repeats itself. Back then, a complicated combination of reasons--to do with fear of being left behind,...
- Research articles 2004-04-01
- Congress issues encouraging report on Wireless Technology Research Group
- WTR is investigating the safety of wireless communication technology and its interactions with devices like pacemakers and hearing aids. The report, "Wireless Technologies and The National Information Infrastructure," found that WTR was well on its way to resolving concerns about potential health risks posed by wireless technology. OTA said WTR...
- Research articles 1995-08-14
- Business News IN BRIFE: Sainsbury family shares sold
- Judith Portrait, the lawyer who controls a number of the founding family trusts in J Sainsbury, yesterday revealed that she has cut her stake in the supermarket chain to 15 per cent from 17 per cent. Since November she has sold 27.5 million shares on behalf of the blind trust...
- Research articles 2006-05-24
- Brandes reduces Sainsbury stake
- Private equity has been furiously trying to reduce expectations of J Sainsbury's likely bid valuation ever since news of its interest leaked late last week. Support comes from Brandes, the US value investor, which yesterday disclosed that it sold nearly a tenth of its 11 per cent stake only a...
- Research articles 2007-02-06
- J Sainsbury at seven-year high after family sale
- Large share sales by the Sainsbury family are rare and the fact that it remains the company's largest shareholder means that merger and acquisition speculation is always tempered by the family holdings. So yesterday's confirmation that a blind trust run on behalf of Lord Sainsbury has sold 40 million shares,...
- Research articles 2007-02-02
- ConSentry Networks' Secure Switching Enables Enterprises to Revive Outdated Wiring Closets by Securing Every Port
- New Branch-Office Platform and Universal Endpoint Interoperability Simplify Pervasive Deployment of Secure Switching MILPITAS, Calif. -- Proclaiming death to today's aging wiring closets, ConSentry Networks today introduced a secure-switching strategy that enables enterprises to migrate their LANs beyond "blind trust" connectivity to a service delivery solution that controls every...
- Research articles 2007-05-07
- Fed Meeting: What's on Bernanke's Mind?
- When the interest rate decision is announced today, the Federal Open Market Committee will most likely leave its current monetary policy unchanged and say that "economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period." ...
- Blog posts 2009-09-23
- Dealing with Bullying or Harassment in the Workplace
- Anyone who has ever been bullied knows how demoralizing and difficult it is. When it occurs in the workplace it can be a seemingly inescapable nightmare, the effects of which are certain to take their toll on the physical and mental well-being of the victim and create an atmosphere of...
- Articles 2007-02-28
- The Rogers Group Adds $2 Million in New Business During First Half of Year
- During the first half of 2007, The Rogers Group added several national and regional clients to its roster, with total new fee income in excess of $2 million for the calendar year. Year-to-date new client wins include: -- 211 LA County (referral service for health and human...
- Research articles 2007-08-14