BNET Business Dictionary

Business Definition for: Oligarchy

  • an organization in which a small group of managers exercises control. Within an oligarchy, the controlling group often directs the organization for its own purposes, or for purposes other than the best interests of the organization.

Wiktionary Definition for: Oligarchy

  • #government by only a few, often the wealthy
  • #those who make up an oligarchic government
  • #a state ruled by such a government

Additional Resources

Blackstone's Team Health Holdings IPO: A Play on the Financial Oligarchy
Trader Mark submits: I have very little exposure to our financial oligarchy simply because much of it revolts me. I can make money in other ways - and sleep at night. The obvious Russian mafia play is Goldman Sachs GS but I don't want to go there - instead I...
Tags: Financial, TraderMark, Blackstone Group LP
External links 2009-10-06
America's Financial Oligarchy Still Rules
Lorimer Wilson submits: Co-authored by Simon Johnson “The crash has laid bare many unpleasant truths about the United States. One of the most alarming is that the finance industry has effectively captured our government”, says Simon Johnson, a chief economist with the International Monetary Fund in 2007...
Tags: US Market, Lorimer Wilson
External links 2009-04-09
The Banking Oligarchy Attacks Elizabeth Warren: Why They're Wrong
The Daily Bail submits: The attacks on TARP Oversight Chairwoman Elizabeth Warren have begun. I have been waiting for the backlash since she started making noise in January. Executives at Citigroup C and Bank of America BAC dispatched their agent of misinformation Wayne Abernathy. ...
Tags: Financial, The Daily Bail
External links 2009-04-23
Happy Days for Blackstone and the Financial Oligarchy
Trader Mark submits: Good times are back for our financial leaders; the private equity shops now can unload onto the public the companies they took over and usually loaded with debt, and investment banks can make the big fees for the transaction. If you missed last week's explanation of how...
Tags: Financial, TraderMark, Blackstone Group LP
External links 2009-10-12
Expanding Overseas: The Best Large Markets
The world's largest foreign markets are all growing — and making it easier for western companies to join their economies. .expansionPic { width:324px; float:right; margin:0px 0 10px 10px; padding:5px 5px 0; background:#edece7; border:1px solid #d4d4d4; } * html .expansionPic { display:inline; margin-top:20px;} .expansionPic p {...
Tags: Expansion, International, Business, BNET Feature, Foreign Markets, Russia, Free Trade, Manufacturing, PricewaterhouseCoopers Consulting, Finance, Jennifer Alsever, Financial Planning, Ruble, Taxes, Russian Government, Russia American Brand, India, China, U.S., Gross Domestic Product
Articles 2008-04-21
Fed Bailout Rejected, Now What's Going To Happen?
Fed Bailout Rejected, Now What's Going To Happen?RE: Fed Bailout Rejected, Now What's Going To Happen?bailout was obviously a poor idea, you cannot spoon feed corporates who cannot look after themselves. They pay fancy salaries to their talentless managers & ceo's & if this is what they stand for they...
Tags: Benefits, payroll solutions, Who-ever, Fed Bailout Rejected, Fed Bailout, Now-What, Federal Reserve Board
Discussion threads 2008-09-30
Senate joins Russia inquiry
WASHINGTON -- Congressional efforts to investigate the growing Russian money laundering scandal intensified Monday as a House committee decided to extend its planned two-day hearing into the fall and the Senate Foreign Relations Committee agreed to hold its own inquiry. "It's vital we get down to the bottom of...
Tags: FINANCE, Government, IMF, Russia, U.S. Senate
Research articles 1999-09-14
Tycoon Takeover
It's no secret that a handful of "oligarchs" dominate the Russian economy, but until now the details have been murky. No one knew all the names in the oligarchy, exactly what they own, how many industries they dominate or to what effect. Are oligarchs leading the modernization of Russia, as...
Tags: FINANCE, Russia, World Bank
Research articles 2004-04-19
Thousands protest Colombian paramilitary presence in Venezuela
CARACAS AFP ? Thousands of Venezuelans draped in national colors marched through the streets of Caracas to protest an alleged coup plot by suspected Colombian right-wing paramilitaries against left-wing President Hugo Chavez. Vice President Jose Vicente Rangel claimed the United States and Colombians were involved in the conspiracy. ...
Tags: Agence France-Presse, HARDWARE, Venezuela
Research articles 2004-05-16
Tycoon Takeover; A new report measures the oligarchs' influence.
Byline: Christian Caryl It's no secret that a handful of "oligarchs" dominate the Russian economy, but until now the details have been murky. No one knew all the names in the oligarchy, exactly what they own, how many industries they dominate or to what...
Tags: FINANCE, Russia, World Bank
Research articles 2004-04-19
Imagining an Italy where Mediobanca isn't omnipotent
FAILED DEALS AND STRANGE DOINGS AT THE BANK REFLECT CHANGES AFOOT. For the past half century corporate finance in Italy has been synonymous with two names: Mediobanca, the powerful Milan house that long had a monopoly on investment banking in the country, and Enrico Cuccia, Mediobanca's brilliant chief, who rebuilt...
Tags: bank, Banking, Fiat, FINANCE, financial, Government, Insurance, Italy, privatization
Research articles 1997-07-01
Letters
JUDICIAL OLIGARCHY Court again usurped Congress' authority A day or so after the Supreme Court's decision to outlaw the death penalty for anyone under 18, a teenager shot and killed a school bus driver. On that bus were grade school children, even as young...
Tags: Benefits, Government, Iraq, president, U.S. Congress
Research articles 2005-03-12
Upstart Catalytic Solutions shakes auto Catalyst oligarchy. (Markets: Life Sciences/Specialties).(Catalytic Solutions)(Brief Article)
THE AUTO CATALYST market is seeing some unexpected competition from a privately held start-up company, Catalytic Solutions Inc.'s CSI, Oxnard, Calif, which is offering catalyst technology that uses reduces precious metals loading and therefore provides a more cost-effective solution. CSI's "new-generation...
Tags: FINANCE, General Motors Corp., Honda Motor Co., investor
Research articles 2002-07-01
US ramping up its spying: Venezuela's Chavez
CARACAS AFP — President Hugo Chavez has hit back at US intelligence, which announced earlier that it had named a special case manager to focus on Venezuela and Cuba. The US special "manager" effectively puts the two Caribbean nations on a par with "axis of evil" states confronted on...
Tags: Agence France-Presse, Cuba, Leadership, president, Venezuela
Research articles 2006-08-20
Key US Senator wants "confrontation" with Putin
WASHINGTON AFP — Incoming chairman of the Senate foreign affairs committee, Joe Biden, called for the United States to challenge Russian President Vladimir Putin following the poisoning death of former KGB spy and Kremlin critic Alexandre Litvinenko. "I don't know whether he's involved in the poisoning, but our relations with...
Tags: Agence France-Presse, confrontation, president, Russia, TVs, U.S.
Research articles 2006-12-03
Nuts in Brazil. (economic policy) (Editorial)
Brazil's most formidable problem is overcoming astronomical inflation, which is nearing 3,000%. The National Congress is being asked to support a constitutional amendment that would give more monetary control to the central government.WITH 160m people and an area to match, Brazil is Latin America's biggest country by far....
Tags: Brazil, FINANCE, Government, inflation, U.S. Congress
Research articles 1994-02-05
Gaius Julius Caesar
Gaius Julius Caesar Gaius Julius Caesar (100-44 B.C.) was a Roman general and politician who overthrew the Roman Republic and established the rule of the emperors. At the time of Julius Caesar's birth the political, social, economic, and moral problems created by the acquisition of a Mediterranean empire in the...
Tags: Government, Litigation, Spain, Strategy, U.S. Senate
Research articles 2005-01-01
Gaius Julius Caesar
Gaius Julius Caesar Gaius Julius Caesar (100-44 B.C.) was a Roman general and politician who overthrew the Roman Republic and established the rule of the emperors. At the time of Julius Caesar's birth the political, social, economic, and moral problems created by the acquisition of a Mediterranean empire in the...
Tags: Caesar, Government, Litigation, Roman, Rome, Spain, Strategy, U.S. Senate
Research articles 2003-01-01
Behind the presidency: admire him or despise him, George W. Bush is essentially a figurehead for the tightly knit establishment oligarchy that actually runs the executive branch of our government
When a tiny, single-engine Cessna 150 aircraft wafted into restricted Washington, D.C., airspace on May 11, the federal government went to a terrorism threat advisory level of red alert, and the nation's capitol was evacuated. As it happened, the airplane had simply been off course during a trip from Pennsylvania...
Tags: CIA, Government, Iraq, president
Research articles 2005-07-25
Overcoming the Oligarchy - creating a consumer-driven economy
The struggle for consumer justice is, in many ways, the most comprehensive of economic reform drives. If the government does not enforce adequately the consumer protection laws covering food, drugs, autos, anti-trust, and occupational safety and health, then consumer well-being is diminished. If workers are unable to earn a...
Tags: Benefits, Consumers Union, FINANCE, Government, HEALTHCARE, SOFTWARE
Research articles 1999-01-01
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