© Hazel Henderson, September 30, 2008 New proposals that can and should now be implemented immediately include: * Raise the FDIC’s guaranty of all insured banks’ depositors from $100,000 (now inadequate due to past inflation) to $500,000 for each individual account and $1 million for each corporate account – while …
Chicago Boys’ Curse Comes Home to Wall Street, September 2008
by Hazel Henderson, September 2008 The famous school of economics at the University of Chicago led by the late Milton Friedman spread its market fundamentalism worldwide. Greed, selfishness, individualism and short-termism were conflated with freedom and democracy and elevated to the status of moral philosophy. The fatal flaws of this …
PNN News Update: September 29, 2008
Obama: Wall st bailout may harm energy plans US Democratic presidential candidate Barack Obama said on Friday that if elected he might have to scale back his plan for energy investment to help pay for a proposed US$700 billion financial industry bailout. “I want to make sure that we are …
Commentary from Hazel Henderson on the market meltdown called Chicago Boys' Curse Comes Home to Wall Street
Commentary from Hazel Henderson on the market meltdown called Chicago Boys’ Curse Comes Home to Wall Street. Corporate Watchdog Radio, September 23, 2008 Click to listen
Earth Overshoot Day
On September 23rd this year we mark an unfortunate milestone: As of today, humanity will have consumed all the new resources the planet will produce this year, according to Global Footprint Network calculations. For the rest of 2008, we will be in the ecological equivalent of deficit spending, drawing down …
World Business Academy Presents EthicMark® Award for Ethical Advertising
For Immediate Release: 407-A Bryant Circle, Ojai, CA 93023 * phone 805-640-3713 North America * South America * Europe www.worldbusiness.org Contact: Rosalinda Sanquiche, Executive Director Ethical Markets Media LLC [email protected] 904-829-3140 Ojai, CA. Sept. 22, 2008. The World Business Academy will present its 2008 EthicMark® Award for “advertising that uplifts …
Planet 2025 News Network, September 22, 2008
National Social Responsibility and Humanitarian Development Much has been written about Corporate Social Responsibility (CSR) but little of that discussion and lessons learned has been applied to the social responsibility of Nation States. This Monthly Feature explores the concept of National Social Responsibility (NSR). The obvious difference between CSR and …
To Congress: Please Do Not Spread the Panic, Money and Markets, Sept. 22, 2008
About Money and Markets, This investment news is brought to you by Money and Markets. Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing …
GOLDMAN, MORGAN STANLEY TO BECOME REGULATED BANKS
By Krishna Guha in Washington Published: September 22 2008 03:04 | Last updated: September 22 2008 07:34 Goldman Sachs and Morgan Stanley, the last surviving big investment banks on Wall Street, have become regulated banks. In a statement issued at 9.30pm Sunday, the Federal Reserve said it had approved their …
A RESPONSE TO BUSINESS WEEK ON CalPERS and CalSTRS
by Hazel Henderson Christopher Palmeri wrongly blames “socially responsible investing” for CalPERS and CalSTRS avoiding companies selling tobacco and those doing business in repressive regimes (Business Week, August 11, 2008, p. 54). Claiming that CalPERS “left $400 million on the table” by screening out investment in China, Colombia and other …