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...There is no suggestion any of Burke’s relatives or their associates had any knowledge of or involvement in any of the events described at Wen’s trial....
...There is a philosophical debate to be had over whether insurers and related-party asset managers’ integration raises principal/agent conflicts....
...The “principal-agent” problem, as it is called, can be illustrated with an example. The owner of a racehorse wants the jockey to go all out in tomorrow’s race to win a fancy trophy....
...“I was the master of ceremonies,” he says, of his role co-ordinating it all. “We’re a 24/7 service that’s ready to help.”...
...But the principal-agent relationship is something some of them may now wish to terminate....
...As gains from the sale of someone’s principal or sole residence are tax free, the cash generated by downsizing will also be free from tax....
...“It’s a hodgepodge of design sensibilities all on top of one another.”...
...That is, for pension fund managers (the agents), returns are less important than easy compliance or low volatility, even if that prioritisation doesn’t serve the interests of pensioners (the principals)....
...(stamping and pouncing, or clambering between one another’s legs); and, most strangely of all, it shows them as impersonal agents of the sublime (with geometric and metallic head-dresses, dancing radiantly...
...Agents and lawyers now wield considerable power. Actors can become presidents of countries, not just studios. And individual stars rise and fall....
...“The partnership model eliminates the principal-agent problem, in that owners, managers and major producers are one and the same. At a small scale that can work very effectively....
...And it turns out that even spies use Booking.com, the huge online travel agent, to book their hotels or at least Assadi did. And the details of all of those bookings, they’re in the files....
...(A “major patron” was the talent agent Sue Mengers, who represented Cher and Barbra Streisand.)...
...Bad reasons include misaligned principal-agent incentives, poor advice, overconfidence as to one’s own skills and insights and the flattery and trappings that paying large fees to financial services firms...
...Its de facto head, Jarosław Kaczyński, has called Donald Tusk, leader of the liberal right-of-centre opposition party Civic Platform, a German agent, and accused Berlin of wanting to turn the EU into a “...
...In September 2017, Wen negotiated with estate agent Chestertons for the tenancy of the Hampstead mansion, which cost £17,300 a month. She and Zhang were joint tenants....
...manner that Mexico and the trustee may determine and that does not materially adversely affect the interests of any holders of the debt securities of that series; or - correcting, in the opinion of the...
...Athene and Apollo had themselves merged, in large part, to eliminate the inherent principal/agent inefficiencies between an insurer and an affiliated asset manager....
...“We fell in love with the community of inspiring people from all over the world — and we stayed. Parents co-work on the campus and give mini TED-style talks every week....
...The Federal Reserve, the European Central Bank and the Bank of England all held interest rates steady at their meetings this week....
...The deals form part of its strategy of “active non-alignment”, which resists taking sides between the west and China or Russia, including over the war in Ukraine....
...One of the two at Lilas was given some 1940s trappings in Female Agents (2008), in which the station masquerades as Concorde, and the two principal women in the scene — intent on assassinating a Nazi officer...
...The Jensen and Meckling solution to this principal-agent problem was to align managers’ interests with those of shareholders (principals) by giving managers (agents) a significant equity stake....
...But few former politicians have more than a book or two in them, or have the skill it takes to land the twists, turns and convincing surprises of a truly edge-of-your-seat political thriller....
...Political commentary suffers from a version of the principal-agent problem. The agent (the commentator) is invariably obsessed with politics....
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