This past spring, eleven of the world’s leading sustainable banks created a new alliance to build a positive alternative to a global financial system in crisis (full press release below).  These banks have assets of over $10B and serve over 7 million customers in 20 countries.  (See list below)  Many have been around for decades.  [...]

I’m a fan of the Clinton Global Initiative.  I’m a fan of former Presidents risking their political capital and I think CGI has been and hopefully will continue to play a significant leadership role engaging the private sector in creating public benefit. CGI recently hosted an event titled ‘Creating Value for Business and Society’.  The [...]

Just when I thought I’d become numbed to the daily dirge of dire financial news, along comes a New York Times report that left me stunned.

n an article aptly headlined “Gimme Back Your Paycheck,” Gretchen Morgenson reported that executives at seven of the financial industry’s biggest losers leached $464 million in performance pay since 2005. They were as adept at wiping out shareholder wealth as they were at accumulating their own wealth — their companies lost $740 billion in stock market value in the past two years.

Recently I read some stimulating pieces that I’d like to share with you, the first of which was written by economist James K. Galbraith as a statement before the U.S. House of Representatives’ Committee on Financial Services.  (Full statement, click here.)  I believe Mr. Galbraith really hits his stride in section number three, titled: “The [...]

I recently came across the following article on a de-centralized United States in the Wall Street Journal by author Paul Starobin. First of all, it was fascinating to find this kind of piece in the Journal, though it speaks to the article’s point that the desire for a more distributed, place-based political life is of growing [...]

Tsering is the name of the Tibetan Buddhist monk who greeted our ragged group of high school students at the Delhi train station.  Tsering had traveled 15 hours overnight from Dharamsala by public bus to meet us and ride right back up to Dharamsala with us.  We had just finished our own 16 hour overnight [...]