In what sense? Bonderman is not involved in day-to-day management at AWA. -----Original Message----- From: The Airline List [mailto:AIRLINE@xxxxxxxxxxxxxxxxx] On Behalf Of Chris Wallace Sent: Friday, January 16, 2004 6:58 PM To: AIRLINE@xxxxxxxxxxxxxxxxx Subject: Re: Continental's Bethune sets plan to step down Aren't there Conflict of Interest issues involved here? Chris LGA >Bethune, the longest-standing CEO at a major U.S. airline, said in >September that the presence of Texas financier Bonderman on >Continental's board was distracting management and employees, largely >because of the stake Bonderman's investment firm holds in rival airline >America West Holdings Corp.<