Koch net worth hits $100 billion as Supreme Court lifts limits on cash for Congress

Jay OwenSRI/ESG News

  Koch net worth hits $100 billionas Supreme Court lifts limits on cash for Congress     Bloomberg’s Billionaires Index shows Charles and David Koch’s combined net worth as now surpassing the $100 billion benchmark, far beyond Bill Gates’ $79 billion, Sheldon Adelson’s $36 billion, George Soros’s $26 billion, and Tom …

[HIP] VOTE for People as an Asset; RSVP for Compelling Events in Impact Investing

Jay OwenGreen Prosperity, SRI/ESG News

  IN THIS ISSUE: I.  Upcoming HIP and Impact Investing Events: Join These Exciting Events & Hear from the HIP experts at many of them II.   Going Fossil-Fuel Free in Your Portfolio?: More Investors are quantifying future risk, especially from the carbon inefficiency of fossil-fuel firms; learn and watch recent HIP …

Impact Fundraising Webinar Coming + Much More

Jay OwenCrowdfunding

It wasn’t until I stood in a burning apartment with a woman that I realized what real change is… Hi! My name is Mozart. I’m a community builder, poet and dad working with Jonathan on the social entrepreneurship Clinic. I’m a trained social worker who got my first job out of school …

Suitpossum: Post-crisis Adventures in Financial Subversion

Jay OwenReforming Global Finance, Global Citizen

Suitpossum: Post-crisis Adventures in Financial Subversion LSFA: Building a financial hackerspace in 3 phases Posted: 30 Mar 2014 03:41 PM PDT     Over the last 5 years I’ve been working on ways to break down the oppressive wall of mystique that shrouds global finance, and to experiment with methods …

Financial Reform Newsletter :Another week, another too-big-to-fail bank pays billions to settle yet more claims for fraudulent and illegal conduct for contributing to the 2008 financial crash.

Jay OwenReforming Global Finance

  Financial Reform Newsletter March 28, 2014   Another week, another too-big-to-fail bank pays billions to settle yet more claims for fraudulent and illegal conduct for contributing to the 2008 financial crash.  It was announced this week that Bank of America is paying $6.3 billion (and buying back an additional $3.2 billion …

ExxonMobil’s climate change risk | SAP aims for 100% renewable energy

Jay OwenSRI/ESG News

    26 March 2014 Share                   In the news           Exxon Mobil responds to investor concerns Company bows to pressure to report on preparations for climate regulation, but could this just be the start?       …

What’s in your smartphone? | ExxonMobil’s climate change risk | SAP aims for 100% renewable energy

Jay OwenSRI/ESG News

          26 March 2014 Share     I often think of something that our editor-at-large Marc Gunther once pointed out: all of us have supply chains, and most of us don’t know what’s in them. Guardian Sustainable Business decided to take a deep dive into the …

The Stone that Brings Down Goliath? Richmond and Eminent Domain

Jay OwenReforming Global Finance, Community Development Solutions

In a nearly $13 billion settlement with the US Justice Department in November 2013,JPMorganChase admitted that it, along with every other large US bank, had engaged in mortgage fraud as a routine business practice, sowing the seeds of the mortgage meltdown. JPMorgan and other megabanks have now been caught in over …

More Wisdom from David Cay Johnston on Flawed Economic Theory

Jay OwenReforming Global Finance

   Some More Wisdom from David Cay Johnston  on  Flawed Economic Theory :             Not every opportunity to profit because of above-market prices is filled by a competitor. Indeed, in my books I have shown how rules discourage this in many markets. In some markets, notably electricity, the rules tend to …

ILLICIT FINANCIAL OUTFLOWS FROM AFRICA CRIPPLING CONTINENT’S DEVELOPMENT

Jay OwenReforming Global Finance

ILLICIT FINANCIAL OUTFLOWS FROM africa CRIPPLING CONTINENT’S DEVELOPMENT – UN New York, Feb  6 2014  6:00PM United Nations Deputy Secretary-General Jan Eliasson and former South African President Thabo Mbeki today stressed the need for global efforts to address the problem of illicit financial flows from Africa, which have crippled the …