"Those with authority over such funds have a special responsibility to use them only for their intended purposes."

"I think that stricter supervision is needed over public funds and how they are spent," he said.

He is then in the midst of a scandal over funds to build a local hospital.

Because of the way they are put together, Holdr's have some tax advantages over mutual funds.

There was also a genuinely difficult division over funds for education.

Battling for miles, however, is not like arguing over stock options or mutual funds.

The system is not without controversy, primarily over funds and choice of players.

Josif found himself assistant to the minister of education, with special authority over funds for research.

They can be traded throughout the day and enjoy tax advantages over traditional mutual funds.

"There was contention over local funds - why should money go to the library?"