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June 15, 2010 U.S. water system needs better enforcement, smart investment to ensure quality

Source: Washington Post

In 1908, Jersey City, N.J., became the first city in the United States to chlorinate its municipal tap water. Other municipalities rapidly followed suit with water filtration and purification systems, and the United States...

June 15, 2010 Horizon Blue Cross defends multimillion-dollar pay for its CEO


TRENTON — Horizon Blue Cross Blue Shield of New Jersey officials told lawmakers today that the multimillion-dollar compensation packages that its top executive received in 2009 was reasonable for an insurance company that size

June 15, 2010 Special reps brief U.N. Security Council on Sudan

Source: CNN

United Nations -- A quartet of special representatives went before the United Nations Security Council Monday to brief members on political and humanitarian challenges in Sudan -- particularly the war-torn Darfur region -- as the...

June 15, 2010 Note to US Pension Plans: Effete Liberals and Goody Two-Shoes May Be Right

Source: PR NewsWire

STAMFORD, Conn-- The cover story of ai5000's May/June issue, available at, suggests that pension plans can improve investment results when environmental, social and governance (ESG) criteria are considered. Pension...

June 15, 2010 10 Companies Leading the 'Green' Charge

Source: The

BOSTON (TheStreet) -- Companies in nearly every industry across the U.S. are making efforts to reduce their carbon footprint and operate in a more eco-friendly way. Banks are reducing paper consumption, retail stores are seeking...

June 15, 2010 BP shows corporate responsibility is no longer optional

Source: London Evening Standard

Can there be a more damning indictment of BP's handling of the Gulf of Mexico oil spill? At a one-day conference on corporate social responsibility, the audience of top business and advertising figures repeatedly laughed when...

June 15, 2010 Social investment: The fundamentals of CSR


The latest buzzword in the business world is CSR, CSR, and still more CSR. This acronym stands for Corporate Social Responsibility. It's the way the titanic conglomerates, not so gigantic medium and small companies try and ‘give...

June 15, 2010 Never too late to implement a system of corporate governance


It's an irony of the sport that goalkeepers are better remembered for the ones they let through. Brilliant saves are lauded but briefly, while the let-offs seemingly live on in the collective conscience. Which is why an analogy...

June 15, 2010 Pension funds pressure Congress over swaps

Source: Pensions and Investments

Congress should revise key provisions in pending financial reform bills to ensure that pension plans are free to continue using swaps to manage risk, said more than 150 pension plan sponsors and organizations in a letter to all...

June 15, 2010 Wal-Mart, others join in push against carbon


You never heard of the world’s greatest — and most unlikely — environmentalist, Mike Duke. See? Told you. While senators Lieberman and Kerry ponder what to do about carbon in our atmosphere, Duke has done more to take more carbon...

June 15, 2010 States come to grips with pricey pension promises

Source: USA Today

One of the most troubling social trends in recent years has been the pension gap between state and local employees (who can retire early — often very early — with instant, guaranteed, taxpayer-paid benefits) and the private...

June 15, 2010 Ex-Hevesi aide led $35 million fraud scheme: Cuomo

Source: Reuters

New York Attorney General Andrew Cuomo accused an indicted top aide to former state comptroller Alan Hevesi of running a $35 million fraud over the placement of billions of dollars of investments by the state's biggest pension...

June 15, 2010 Bhopal gas victims activists approach Obama for 'justice'

Source: Hindustan Times

Survivors of the 1984 Bhopal gas tragedy, the world's worst industrial disaster, and human rights activists on Monday appealed to US President Barack Obama for "real justice" in the case and drew his attention to his tough stand...

June 15, 2010 More Funds Repaid to TARP than Outstanding in May: Treasury

Source: Housing Wire

The Troubled Asset Relief Program (TARP) — the $700bn federal bailout of Wall Street firms and subsidization of Main Street mortgage modifications — is not only projected to cost less than original forecasts, but recently passed...

June 15, 2010 Study raises questions about age-group impact of H1N1

Source: CIDRAP

A study by French researchers suggests that the H1N1 influenza pandemic may not have differed from seasonal influenza epidemics in its effects on different age-groups quite so much as has been supposed. The general understanding...

June 15, 2010 5 painful health-care lessons from Massachusetts

Source: Fortune

FORTUNE -- The best guide to how President Obama's historic health-care legislation will reshape the nation's medical marketplace and fiscal future is the pioneering model in Massachusetts. The Bay State's reform program started...

June 15, 2010 China urges improvements at work as Honda strike ends

Source: Reuters

ZHONGSHAN, China- Chinese Premier Wen Jiabao urged better treatment of the nation's vast army of migrant labourers as employees at a Honda factory halted the latest strike that has laid bare growing worker assertiveness.

June 15, 2010 UBS Tax Bill Faces New Hurdle

Source: NY Times

PARIS — The lower house of the Swiss Parliament on Tuesday voted to accept a deal that aims to end a thorny tax dispute between the country’s biggest bank, UBS, and the United States.

June 15, 2010 Goldman Sachs Launches 10,000 Small Businesses Initiative in the Greater Los Angeles Metropolitan Area

Source: MarketWatch

The Goldman Sachs Group, Inc. has announced the greater Los Angeles 10,000 Small Businesses initiative. Throughout the Los Angeles metropolitan area, the program will offer a unique combination of three resources to help small...

June 15, 2010 Corporate Governance and Internal Capital Markets

Source: Zacharias Sautner and Belén Villalonga, Working Knowledge - Harvard Business Sch

What is the impact of corporate ownership on corporate diversification and on the efficiency of firms' internal capital markets? Corporate governance and internal capital markets are two topics closely intertwined in theoretical...

June 15, 2010 BP spill gives Obama an opportunity to reform oil


President Barack Obama has made four trips to visit gulf state communities affected by the BP disaster and now plans to give his first-ever Oval Office speech to the nation this Tuesday evening to address the issue.

June 15, 2010 Stanford Poll Shows 75 Percent of Americans Believe in Global Warming

Source: Dailyb

Researchers at the Woods Institute for the Environment at Stanford University conducted a survey that shows three out of four Americans believe in global warming and want the government to establish laws to stop it.

June 15, 2010 U.S. Economy: Manufacturing Sustains Recovery as Housing Cools

Source: Bloomberg/BusinessWeek

Manufacturing is leading the U.S. economic rebound, helping protect the recovery from a slowdown in housing following the expiration of a government tax credit, reports today indicated.

June 15, 2010 Those Earth-Friendly Products? Turns Out They’re Profit-Friendly as Well

Source: NY Times Business Feed

As the world’s greatest soccer players take to the fields at the FIFA World Cup in South Africa, many are wearing jerseys made almost entirely from plastic bottles rescued from landfills in Japan and Taiwan.

June 15, 2010 President’s Working Group on Financial Markets Seeks Comments on Long-Term Availability andAffordability of Terrorism Risk Insurance

Source: US Treasury Department

WASHINGTON – The U.S. Department of the Treasury Department, as chair of the President's Working Group on Financial Markets, submitted for publication a Notice in the Federal Register seeking comments on the long-term...[more]

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