Saturday July 17th 2010

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‘Reforming Global Finance’

The Kanjorski Surprise – Now It Gets Interesting

Thanks to Simon Johnson for focusing on this. - Editor http://baselinescenario.com/2010/07/09/the-kanjorski-surprise-%e2%80%93-now-it-gets-interesting/

The Rationale for State-Owned Banks

The Rationale for State-Owned Banks http://www.readersupportednews.org/opinion/41-41/2398-the-rationale-for-state-owned-banks

The Baseline Scenario

The Baseline Scenario What Is Goldman Sachs Thinking? Posted: 29 Jun 2010 03:16 AM PDT By Simon Johnson The next financial boom seems likely to be centered on lending to emerging markets. Sam Finkelstein, head of emerging markets debt at Goldman Sachs Asset Management, summed up the prevailing market view – and no doubt talked up his [...]

hazel.henderson@ethicalmarkets.com sent you a link to content of interest

EU Putting Serious Curbs on Banker Payouts http://www.nakedcapitalism.com/2010/07/eu-putting-serious-curbs-on-banker-payouts.html The sender also included this note: FYI -- Sent via a FeedFlare link from a FeedBurner feed. http://www.google.com/support/feedburner/bin/answer.py?answer=78966&topic=13246

We are Proud to Recommend The Blue Economy by Dr. Gunter Pauli, a member of Ethical Markets distinguished Advisory Board. – Hazel Henderson, Ed.

THE BLUE ECONOMY By Gunter Pauli  (*) TOKYO, Jun (IPS)  The world is in need of a new economic model. Who doubts this while the debate on climate change decelerates and the temperature of the earth rises, along with unemployment and poverty levels. We have to search for solutions beyond the obvious and make quantum leaps. (more...)

G-20 Communiqué: Heavy on Commitments and Committees; Light on Actionable Steps Forward

From Ethical Markets Correspondent  at the G-20 Summit, June 26-27 in Toronto, Canada June 28, 2010 - Toronto, Canada - On Sunday, world leaders converged in Toronto, Canada to find consensus on next steps towards ensuring “strong, sustainable, and balanced global growth”.  Although a few important measures were agreed upon, the [...]

The Baseline Scenario: JP Morgan Responds To Financial Reform: The Poison Pill Strategy

Posted: 26 Jun 2010 05:00 PM PDT By Simon Johnson While the financial reform negotiation process grinds to its meaningless conclusion, the real action lies elsewhere – in Jamie Dimon’s executive suite. Dimon, the head of JP Morgan Chase, is apparently seeking to (a) become more global, (b) move further into emerging markets, and (c) [...]

Naked Capitalism: Misnamed Financial Services “Reform” Bill Passes, Systemic Risk is Alive and Well

I want the word “reform” back. Between health care “reform” and financial services “reform,” Obama, his operatives, and media cheerleaders are trying to depict both initiatives as being far more salutary and far-reaching than they are. This abuse of language is yet another case of the Obama Adminsitration using branding to cover [...]

A Smart Investment in SMEs

Insights from Ethical Markets  Correspondent, Tim Nash at the G-20 - Ed. The big debate at the G20 so far seems to be a conflict of opinion about fiscal policy.  On the one hand, you have countries who are worried that government deficits are creating debt overloads that are swarming budgets with interest payments.  On the other hand, you [...]

Ask Congress the $600 Trillion Question

Dear Hazel, Yes, you read the subject line correctly -- we're asking the $600 trillion (with a "T") question. And here it is: Will Congress pass real reform of the "derivatives" market -- valued at $600 trillion -- or will Wall Street win massive loopholes and exemptions? Congress is voting TODAY on this hugely important question. The [...]

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