Innovation is in urgent need of revival

Ethical MarketsSRI/ESG News

The good folks from Occupy Wall Street/St Paul’s/the City have rightly drawn the world’s attention to many of the worst ills of contemporary capitalism, but they have not yet mentioned one which we consider to be equally pernicious: the financial system’s almost pathological abhorrence of innovation. All over the world, …

On The Road Reading – Utilities’ Honest Assessment of Solar in the Electricity Supply; “If we fast-forward to this conference five years from now, half of the agenda is going to be storage.”

kristyGreen Prosperity

NewEnergyNews Daily Headlines click here for main page: http://www.NewEnergyNews.net/ TODAY AT NewEnergyNews, September 11: * September 11 * On The Road Reading – Utilities’ Honest Assessment of Solar in the Electricity Supply; “If we fast-forward to this conference five years from now, half of the agenda is going to be …

Occupied. S17 Updates for the Week of September 12

kristyReforming Global Finance, Global Citizen

The timing couldn’t possibly be better in the final days before our S17 anniversary for the 99% and Occupy Wall Street to be able to declare a big victory. After an escalating week-long #OccupyHotNCrusty campaign in response to a serious labor dispute, workers announced both sides had reached an agreement …

Book Review: Bailout, By Neil Barofsky

Jay OwenBooks and Reviews, Articles by Hazel Henderson

Like millions of Americans worried over their shrinking retirement funds, I relied on www.sigtarp.gov to find the truth about where our tax dollars were going and to whom. Author Neil Barofsky headed SIGTARP as Special Inspector General over TARP which Congress authorized and funded to keep track and oversee the original TARP …

Book Review: ‘Dark Pools’ By Scott Patterson

Jay OwenBooks and Reviews, Articles by Hazel Henderson

Dark Pools is a page-turning, fascinating account of how computerized algorithmic high-frequency trading (HFT) and electronic platforms evolved, took over financial markets and turned the NYSE floor into a mere “puppet-show for TV.” Author Scott Patterson, a reporter for theWall Street Journal, is a consummate observer. Dark Pools is a …

Managing Wall Street’s ‘Winner Effect’

Ethical MarketsReforming Global Finance

Wall Street is not known for self-examination. Colossally bad bets and spectacular losses are more often treated as individual failures than systemic ones; risky behavior is seen as a sign of intestinal fortitude, not foolishness. In the wake of the multibillion-dollar trading loss at JPMorgan Chase (JPM)—considered the best in the …