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Recent Commentary

November 12, 2008
Getting Your Request on Obama's Agenda

Source: CFO Magazine

Trade groups see next January 20, President-elect Barack Obama's inauguration day, as their version of Christmas Day. So they're getting their corporate wish lists ready now. And by petitioning him before he takes office, they...

November 12, 2008
The Latest Corporate Social Responsibility News - Obama Election Spurs Hope for Change to a Sustainable Economy

Source: Bill Baue -CSR Wire

Last week’s election of Barack Obama as President of the United States on the platform of hope and change - as well as clean energy and green jobs and wealth distribution - has sparked optimism for the prospects of transitioning...

November 12, 2008
The Main Street Bailout Begins


Source: Forbes.com

On Tuesday, many of America's largest banks, along with Fannie Mae and Freddie Mac, announced a new program to streamline the process of modifying hundreds of thousands of mortgages, hoping to save troubled homeowners and jump...

November 11, 2008
AS WE SURVEY THE CARNAGE IN THE CAPITAL MARKETS, THE 2009 BURNING QUESTION WILL BE: WHAT REGULATIONS, AND OVERSIGHT ARE REALLY NEEDED GOING FORWARD?


Source: Hank Boerner - Accountability Matters

The new president and his administration will have lots of issues awaiting them on “Day Two,” after the inaugural balls have ended and the partygoers have flown home. One of the biggest headaches – one that may have President...

November 11, 2008
Conference Board Employment Trends Index (ETI)(tm) Suggests Employers Will Continue to Aggressively Reduce Payrolls Well Into 2009

Source: The Conference Board

The Conference Board Employment Trends Index (ETI)™ continued its steep decline in October. The index fell in October to 105.3, down 1.8 percent from the September revised figure of 107.2, and down almost 12 percent from a year...

November 11, 2008
Sustainability: Your Business’s Best Defense Against Recession

Source: Groovy Green.com

In these uncertain economic times, companies often gravitate towards budget cuts and to scale back sustainability or “green” programs because of the notion that they take away from the bottom-line. In reality, this thinking is...

November 11, 2008
Governance is at the heart of this market mess, law professor says

Source: Globeandmail.com - Canada

Well before the financial crisis, there were the corporate governance horror stories. And Columbia University law professor John Coffee was the go-to guy for sage commentary on Enron, WorldCom and Adelphia. Now that the focus has...

November 11, 2008
Remarks at the SIFMA Summit on the troubled Asset Relief Program

Source: US Treasury Secretary for Financial Stability Neel Kashkari

New York - Good morning and thank you for that kind welcome.

I am here today to provide a comprehensive update on the Treasury Department's progress in implementing the Troubled Asset Relief Program (TARP), which is a major...

November 10, 2008
Do you want to play corporate roulette with global warming?

Source: Wisconsin Technology News

Imagine the following headline about your company: “First-ever binding and enforceable agreement requiring a company to detail financial liabilities related to climate change.” - Office of Attorney General, Andrew M. Cuomo

 

November 10, 2008
Is American capitalism really flawed?

Source: Delaware On Line

In a rare moment of public introspection and humiliation, Alan Greenspan, once a protégé of Ayn Rand and staunch defender of laissez faire capitalism, announced to the world that he had been in error in believing that competitive...

November 10, 2008
Crying Over Spilled Milk

Source: china International Business

Liu Mao and Qi Mao, two infant gorillas from Hangzhou Wildlife Park, were nursed with milk power made by the Sanlu Group (三鹿) for more than a year. When news about the milk powder contamination broke in September,...

November 10, 2008
Greed isn't good - Experts weigh in on financial meltdown

Source: TulsaWorld - OK

As executives walk away from failed financial firms with millions in their pockets, and retirees watch their 401(k) accounts tumble, some people are looking at the role a failure of ethics played in the Wall Street meltdown.

 

November 10, 2008
Speculators, Politicians and Financial Disasters


Source: The Wall Street Journal

Fueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults...

November 8, 2008
Obama and climate change -- does he have what it takes

Source: Seattle PI.com

Bill McKibben is out with a bracing column basically arguing that President-elect Obama has to take some serious action -- that could be seriously unpopular -- on climate change. He suggests slapping a heavy tax on carbon, then...

November 7, 2008
'Aliens Cause Global Warming'

Source: The Wall Street Journal

Cast your minds back to 1960. John F. Kennedy is president, commercial jet airplanes are just appearing, the biggest university mainframes have 12K of memory. And in Green Bank, West Virginia at the new National Radio Astronomy...

November 7, 2008
Is Obama an internationalist or trade skeptic?

Source: Reuters

In Barack Obama, America's trade partners face a man who has strong internationalist instincts yet is committed to defending U.S. jobs. At a time when the need for economic stimulus is matched by pressure for tighter regulation,...

November 7, 2008
Has pandemic complacency come home to roost?

Source: Continuitycentral

Back in 1948 a toothpaste commercial went "You'll wonder where the yellow went when you brush your teeth with Pepsodent." Today, we have to wonder not where the yellow went but where the pandemic scare went.

 

 

November 6, 2008
We Need Sustainable Capitalism

Source: The Wall Street Journal

What is clear to us and many others is that market capitalism has arrived at a critical juncture. Even beyond the bailouts and recent volatility, the challenges of the climate crisis, water scarcity, income disparity, extreme...

November 6, 2008
Alexander Hamilton: The Unlikely Culprit Behind the Financial Crisis?

Source: Citizen Economists

Austrian economist Dr. Thomas J. DiLorenzo has assigned blame to all of the above in his prolific writings, but in his new book, Hamilton’s Curse: How Jefferson’s Arch Enemy Betrayed the American Revolution–and What It Means for...

November 6, 2008
It's the economy, Barack

Source: San Francisco Chronicle

For President-elect Barack Obama, the campaign mantra of "change and hope" will meet a very quick reality test. Courtesy of a wrenching economic and financial crisis, his leadership skills could, in fact, be tested even before he...

November 6, 2008
The Great American Housing Nightmare

Source: PR Web

Martin D. Weiss, Ph. D. takes a closer look at sinking home prices and explains how it is very possible for those prices to decline further. Dr. Weiss discusses the Great American Housing Nightmare and what occurrences lead up to...

November 6, 2008
Open letter to President Elect Obama

Source: CSRWire

CSRwire.com President Joe Sibilia today urged President Elect Barack Obama to support a new corporate structure that establishes Generally Accepted Corporate Social Responsibility Standards, Principles and Measurements for the...

November 5, 2008
Can You Afford to Be Socially Responsible?

Source: The Motley Fool

In recent years, social responsibility in investing took the investment world by storm. But now that the struggling financial system no longer enjoys access to tons of cash and easy credit, will investors decide that socially...

November 5, 2008
What Kind of US President Would Chinese Like?

Source: The Economic Observer - China

With Obama having completed his historic path to the White House, we feel a need to let it be known what kind of president Chinese would most welcome. Over the past decade, every time the White House has changed hands, its...

November 5, 2008
Financial crisis – friend or foe of the sustainability movement?

Source: BusinessGreen.com - UK

The economic outlook might be gloomy, but as Paul Thomas argues, there are still positives for green executives to cling to

 

 

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