Value Blog
Social Capital Markets (SoCap 09) conference in SF this September
With investors bruised by traditional institutions, the trend toward socially-responsible investing, or “impact investing,” is moving significantly into the mainstream.
Consider:
Deloitte Report Highlights Missed Opportunity to Leverage Pro Bono Support
Nonprofits and corporations alike are overlooking a rich opportunity to offset the decrease in corporate giving dollars by utilizing pro bono and skilled volunteer support, according to the 2009 Deloitte Volunteer IMPACT Survey.
Anger at Goldman Sachs?
Jim Kim of FierceMarkets asks:
Is there any resentment simmering out in the public over Wall Street’s return to big earnings and big bonuses?
Bill O’Reilly, the Fox News commentator, likened Goldman Sachs bankers to pigs during a segment on his TV show. “You’ve got to make an example of the big boy,” he said. “And this is the big boy.”
Jon Stewart said this: “Goldman Sachs makes $3.4 billion in profit from April to June. I guess the bailouts are working, for Goldman Sachs.”
Foundations seen moving to boost journalism
Foundations seen moving to boost journalism
Foundations are taking surprising steps to help address the crisis in the U.S. newspaper industry, and the CEO of the Knight Foundation believes several of the biggest U.S. foundations may “get into journalism funding in a significant way,” a new report says.
From Philanthropy Journal
CALPERS to sue credit agencies over ratings
Calpers vs Credit Ratings
The California Public Employees’ Retirement System, Calpers, has launched a law suit against the ratings agencies Moody’s, Standard & Poor’s and Fitch.
Full Story at FT Alphaville:
http://ftalphaville.ft.com/blog/2009/07/16/62326/calpers-vs-credit-ratings/
Activist Shareowners Tally Victories in 2009 Proxy Season
Following the “The catastrophic collapse in governance” in 2008; the Interfaith Center on Corporate Responsibility and the As You Sow Foundation report successful shareowner efforts on resolutions addressing corporate governance, the environment, and human rights.
Serious doubts about the new Chairman of GM
By Scott McKain, co-founder of The Value Added Institute
If my very future depended upon selecting a single person to sink just one basketball shot, I’m picking Michael Jordan. If my life hung in the balance, and one individual from our history had to present an oration that would determine my survival, I would beg Martin Luther King to speak on my behalf.
The Resilience of the Co-op Business Model
Overlooked by the mainstream media and only rarely discussed in the management journals is the resilience of the Co-operative business model. The reason for this may well be the lack of management scandals, which have plagued the corporate and the nonprofit sectors over the past 20 years.