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Many say an art dealer running a museum is a 'conflict of interest.' But maybe the art world has lived an artificial or unintentional lie all of these years when it comes to conflicts of interest.

As such people achieve influence within the organization, whenever there is a conflict between their own interest and the interest of the organization, their interests will win out.

I don't like conflicts of interest; they should be eliminated or disclosed. I believe in transparency: that people have to really not just know but understand what they're buying and selling.

Conflicts of interest' arise when you're not - when you're sneaky about it, when you're shady about it, when you're not transparent about it. If you tell everyone, 'Here's what's going on. Here's the process; here are the people that are playing a role' - that's being transparent.

Activity in politics also produces eager competition and sharp rivalry.

When you think of all the conflicts we have - whether those conflicts are local, whether they are regional or global - these conflicts are often over the management, the distribution of resources. If these resources are very valuable, if these resources are scarce, if these resources are degraded, there is going to be competition.

If I, taking care of everyone's interests, also take care of my own, you can't talk about a conflict of interest.

The idea of competition, particularly in a creative atmosphere, is always there. And, if you don't acknowledge that, you are doing yourself and the process a disservice.

Everybody agrees that you want competition. But you have to have rules of fair competition if you want to have competitors to enter the market.

Corporate competition is fierce, viewed by many as economic warfare where all is fair. But politics... now, this is something unique.