‘Reforming Global Finance’
News, opinion, proposals for reforming finance at global and national levels. Tracks new laws to curb speculative finance, transaction taxes and how financiers caused the collapse of 2008-9. News on monetary-systems reform of the Federal Reserve, IMF, World Bank, BIS and central banks.
Relates to: SRI, Transforming Finance, Beyond GDP, Community Development Solutions, Reports You Need, EthicalMarkets.tv
“Challenges of the 21st Century,” Susan George, Speech at La Casa Encendida, November 2008
When this lecture series was decided by La Casa Encendida, I suppose the organisers did not expect the challenges of the XXI century to be quite so serious. The title of the whole series of this Cycle is “Los Retos del Siglo XXI”, and certainly the siglo XXI has got off to a very bad start. Another world is certainly necessary, that is the [...]
Last call for Comments: Deadline for Comments is August 29, Report to IMF EDs for the Fourth Pillar (Civil Society) Consultation on the Reform of IMF Governance
Dear Friends and Colleagues, Thank you to many of you who have already participated in the consultation by submitting recommendations, editing our submissions, and joining in videoconference discussions. The consultation process is nearing its completion. If you wish to participate in a meaningful way, we are requesting comments through [...]
SRI fund sales rise, FSA chief slams “socially useless” finance
NEWS HEADLINES: AUGUST 27TH, 2009 › SRI fund sales mirror market rise: RI/Lipper FMI stats › UK FSA chair slams City of London’s ‘socially useless’ excesses, floats Tobin tax FEATURES: Spotlight: Monitoring and reporting on corporate governance is essential for responsible investment Read more...
EU to hold special summit on financial reform
http://euobserver.com/9/28580/?rk=1 LUCIA KUBOSOVA Today @ 09:25 CET EU leaders are to gather on 17 September for an extra summit to decide Europe's position ahead of global talks on financial reform, with French President Nicolas Sarkozy pushing for bank managers to freeze their bonuses. Diplomats confirmed on Tuesday (25 August) the [...]
James Robertson: Working for a Sane Alternative
Newsletter No. 25 - August 2009 From our British expert, James Robertson, more key advice to central bankers. Click for the full Newsletter.
The Baseline Scenario: Can the Federal Reserve Protect Consumers?
Can the Federal Reserve Protect Consumers? Posted: 13 Aug 2009 04:37 AM PDT Ben Bernanke, chairman of the Federal Reserve, insists that the Fed can protect consumers effectively against defective or dangerous financial products. He and his allies are therefore signaling opposition to – and even defiance of – key parts of the Treasury’s [...]
The Secret of China’s Miracle Economy: The Government Owns the Banks Rather than the Reverse
Ellen Brown, August 17th, 2009 “The banks -- hard to believe in a time when we’re facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. They frankly own the place.” -- U.S. Senator Dick Durbin, Democratic Party Whip, April 30, 2009 While the U.S. spends trillions of dollars to [...]
A Proposal for a Carbon-Based International Reserve Currency As a Major Component Of The UN Funding System For Development And Climate Mitigation And Adaptation
International Institute of Monetary Transformation Frans C. Verhagen, M.Div., M.I.A., Ph.D., President www.timun.net; [email protected] 17 June 2009 On 11 June 2009 US Secretary Geithner advised his colleagues of the G8 finance ministers assembled at Lecce, Italy, that “finance ministries in both developed and developing countries should play [...]
Canadian Index of Wellbeing (CIW)
A bold step has been taken to recognize and keep track of issues that concern Canadians. A Canadian Index of Wellbeing (CIW) is launched. http://www.ciw.ca/en/Home.aspx The model could be useful anywhere. (more…)
The Public Option in Banking: How We Can Beat Wall Street at Its Own Game?
Ellen Brown, August 5, 2009 www.webofdebt.com/articles President Obama has repeated his call for a public option in health care, in order to create some competition for the insurance companies and keep them honest. We the people need to call for a public option in banking, in order to create some competition for the private banks and keep them [...]
More invaluable advice from Robert A. G. Monks, analyzing the new breed of dysfunctional “drone corporations.” He calls out the most influential trustees of pension funds, endowments, and foundations by name to take responsibility. A must read by asset managers and trustees worldwide.