Self Dealing Quotes

Self-dealing, essentially, occurs when managers run companies to line their own pockets instead of those of the companies' owners. It's been a perennial problem in American capitalism and became a real dilemma when America moved toward a model in which corporations would be run by professional managers who had only small ownership stakes.

Anybody who covers Washington and Wall Street knows that there is an awesome amount of self-dealing, most of it perfectly legal.

New York state ethics rules prohibit lawyers from soliciting gifts from clients 'for the benefit of the lawyer or a person related to the lawyer.'

Where the grifter is shameless, the grafter shrinks from exposure, which could only endanger the racket. He is greedy but not creatively ambitious. He toils in mundane self-dealing, insider trading, bribe taking, witness tampering, and other forms of workaday corruption.

What stalwart Republican would stop Trump from profiteering for his businesses from the White House the way he's gamed his companies and the tax code for decades, or prevent him from letting his adult children milk their father's position to benefit his supposed 'blind trust?'

If you really want a challenge, just deal with yourself.

I came to office promising major ethics reform to end the culture of self-dealing. And today, that ethics reform is a law. While I was at it, I got rid of a few things in the governor's office that I didn't believe our citizens should have to pay for. That luxury jet was over-the-top. I put it on eBay.

Officials are under a constant temptation to misuse their power for the private profit of themselves or others.

If you're the president of a charity, you can't take the money out of the charity and use it to buy things for yourself. And you can't take the money out of the charity and use it to buy things for your business.

Trump's foundation has done nothing. Its board is packed with relatives, and he's going to use his presidency to sell himself and his brand and profit personally for himself and his family.

The emoluments clause is in the Constitution for a reason: We, as Americans, need to know that the president acts in our best interests, not his own self-interest.

Patrimonial capitalism's legacy is that many people see reform as a euphemism for corruption and self-dealing.

The assumption has to be that members of Congress are, like eunuchs in a harem, physically incapable of a conflict of interest.

If you have Trump avoiding income tax and money coming in, and then he's still able to control it and use it as if it was his income to help his interests, then you're starting to see a bigger legal problem.

Indeed, President Trump seems to have a pretty good idea how to enrich oneself at taxpayer expense.

The President should not be able to enrich himself and his family at taxpayer expense, period.

Preventing staff from having too much influence and decision-making power is fairly easy. Appropriate procedural safeguards can be installed to prevent staff from, among other things, self-dealing, making decisions in an isolated manner, or committing funds without oversight.

… the use of office for direct or indirect personal monetary gain

IRS rules generally prohibit acts of 'self-dealing,' in which a charity's leaders use the nonprofit group's money to buy things for themselves.

Managerial discretion can take many forms, some very subtle. Individual managers may run slack operations; they may pursue subgoals that are at variance with corporate purposes; they can engage in self-dealing.

New WikiLeaks-provided e-mails from Clinton aide Doug Band reveal the true nature of the Clinton cash operation: No matter what the stated humanitarian goals of the Clinton Foundation, every fiber and sinew of the organization is wrapped in self-dealing, self-enrichment, fraud, and corruption.

Even President Bush has cited the need to outlaw the practice of corporations making loans to their officers. Strangely enough, when the President was a corporate officer, he took out several loans from the company.

Over the years, Judicial Watch reported on the many times Hillary and Bill Clinton used her position as secretary of state to reward their friends and line the coffers of their own foundation.

Most of the big banks were shot through with short-termism, deceptive practices and self-dealing. We must institute basic changes in corporate governance and in management practice to restore responsibility and honesty for the sake of the economy and for the self-respect of the country.

No bank, banking association or trust company … shall have as a director or other officer or employee any private banker or any director or other officer or employee of any other bank, banking association, or trust company located in the same place