The ECB’s Noose Around Greece: How Central Banks Harness Governments

Jay OwenReforming Global Finance

The ECB’s Noose Around Greece: How Central Banks Harness Governments by Ellen Brown Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? (See January …

Preparing To Asset-strip Local Government? The Fed’s Bizarre New Rules

Jay OwenReforming Global Finance, SRI/ESG News

In an inscrutable move that has alarmed state treasurers, the Federal Reserve, along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, just changed the liquidity requirements for the nation’s largest banks. Municipal bonds, long considered safe liquid investments, have been eliminated from the …

EIB issues new climate bond with longer tenor (12yr), EUR 500m ($657m), coupon 1.25%, AAA. Takes EIB total climate bond issuance to EUR 6bn!

Jay OwenGreen Prosperity

EIB issues new climate bond with longer tenor (12yr), EUR 500m ($657m), coupon 1.25%, AAA. Takes EIB total climate bond issuance to EUR 6bn! Posted: Sep 4, 2014 by Sean Kidney European investors yesterday snapped up a new Euro denominated “Climate Awareness Bond”(link is external) from EIB. With double the tenor of the …

President Obama Tweeted About What?

Jay OwenSRI/ESG News, Crowdfunding

You may have noticed a few changes with Mosaic over the last six months. We introduced a Home Solar Loan that has all the benefits of ownership with the simplicity of a lease. Last month, we launched a new platform, Mosaic Places, enabling anyone in the country to build support …

Other News – SEC Commissioner Kara Stein Declares War on SEC Chair Mary Jo White

Jay OwenReforming Global Finance

SEC Commissioner Kara Stein Declares War on SEC Chair Mary Jo White   Naked Capitalism*   A relatively new SEC Commissioner, Kara Stein, has decided to depart from the usual polite behavior regulatory overseers and is making noise about SEC decisions and policies that she finds to be dubious. The …

[Climate Bonds] First Green Bonds Index launched by Solactive; opens up opportunity for ETFs and improved access for smaller investors

Jay OwenGreen Prosperity

Climate Bonds has posted a new item, ‘First Green Bonds Index launched by Solactive; opens up opportunity for ETFs and improved access for smaller investors‘ German Index company Solactive last week launched a green bonds index, the first to hit the market. The Index uses the Climate Bonds Initiative’s tracking list of green bonds …

Global CSR Summit and Awards April 3-4

Jay OwenPartner Announcements and News

Website: http://globalcsr.tpgi.org | Asia: eric.khoo@tpgi.org | Philippines: marco.domingo@tpgi.org | Asia/Indonesia:    reed@tpgi.org In recent years, asian and emerging economies have outperformed their western counterparts. This shift in the economic balance of power has created enormous wealth for millions of people in these countries. However, the flow of wealth has resulted in increased inequalities among peoples. Environmental and social issues …

PRICE DISCOVERY, MARKET COMPLETION AND OTHER FANTASIES OF ECONOMISTS

Jay OwenReforming Global Finance

PRICE DISCOVERY, MARKET COMPLETION AND OTHER FANTASIES OF ECONOMISTS By Hazel Henderson © 2013, for IPS Syndication Service While debating a high frequency trader (HFT) recently, I encountered the familiar rationalizations that HFT contributes to liquidity and price discovery in markets.  Assertions about liquidity are hard to justify after the …

EIOPA, ABP, PFZW, ATP, Crédit Agricole, Ahold, Euroclear, IPE-Quest

Jay OwenSRI/ESG News

                      Today’s top stories             EIOPA asks for more independence, ‘enhanced’ mandate   EUROPE – Chairman suggests partial financing of independent budget by levying fees on industry.   Read more…           …

Bankability and Debt Financing for Solar Projects in India

Jay OwenGreentech

Bankability and Debt Financing for Solar Projects in India BRIDGE TO INDIA’s INDIA SOLAR DECISION BRIEF, ‘Bankability and Debt Financing for Solar Projects in India’ looks at debt financing for solar projects in India from two perspectives: the lender’s point of view and the borrower’s point of view. The lender’s …