President Obama signed into law yesterday the Dodd-Frank Bill, financial reform legislation that is both a response to the recent near economic meltdown and an attempt to prevent similar disasters in the future. Before listing highlights of the bill, here are a few broad-based thoughts.  First, there is an old saw to the effect that generals are [...]

By Janine Kubert, Director of Operations, iReuse “…[T]he goal of sustainability is to increase long-term shareholder and social value, while decreasing industry’s use of materials and reducing negative impacts on the environment.” (Source: EPA) Changing Incentives I was in a meeting with a property management client recently, giving the lead engineer a report on the [...]

Will pigs ever fly? In 401(k) circles there is a saying: Educating employees on investing is like teaching pigs to fly; They never will fly, and get sick of being thrown off the roof. Now before you think this is rude and elitist let me explain. A Disconnect A one on one session explaining principles [...]

I would encourage you to read the recent interview of President Obama in the New York Times magazine.  (Full interview, click here.)  The first part of the interview is entitled “The Future of Finance.”  The President has some encouraging things to say, but I can’t help feeling disappointed in the overall tone and substance of [...]

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.