Ethical Markets Review:Can democratic money with environmental values reduce market failures?

Jay OwenReforming Global Finance, Ethical Markets Review

Can democratic money with environmental values reduce market failures?  Shann Turnbull, [email protected] Principal: International Institute for Self-governance   The 2008 global financial crisis and current uncertainties about the Euro provide evidence that the financial system is neither self-correcting nor capable of being reliably regulated. The financial system has failed because modern …

UK roundup: Mervyn King on quantitative easing, LCP on buy-ins

kristySRI/ESG News

UK roundup: Mervyn King on quantitative easing, LCP on buy-ins 28 Mar 2012 UK – The governor of the Bank of England has spoken out against claims that its £325bn (€388bn) quantitative easing (QE) programme has damaged the long-term viability of the UK’s pension schemes. Speaking at the economic affairs …

London Stock Exchange – Occupied by Coal

kristySRI/ESG News, Resource Efficiency, Trendspotting

London Stock Exchange – occupied by coal New analysis from Carbon Tracker endorsed by WWF shows how the growing number of coal mining companies listing in London exposes the financial market to a significant systemic risk. Investors tracking the FTSE AllShare Index are facing increasing efforts across the world to …

Banking: From Bagehot to Basel, and Back Again

kristyReforming Global Finance

Mervyn King, Governor of the Bank of England, October 25, 2010 “Banking: From Bagehot to Basel, and Back Again” speech to the Buttonwood Gathering, New York City During The Economist’s Buttonwood Gathering, Mervyn King, Governor of the Bank of England, criticized the performance of Britain’s banks throughout the 2008-2009 crisis …