As the spokes are coming off of the global financial system, we have all had a chance to witness how the sausage is made…and it is really scary.
Most outsiders, like me, assumed that a post-SOX world would ensure safe and transparent investments for the masses. As we now know, things have only gotten worse. [...]
Archive for February, 2009
Job Losses and Wall Street’s Crumbling SRI Façade
Posted in EFTs, Micro-financing, ethics, fixed income, investing, mutual funds, tagged Citi, depression, European, Job losses, Jp Morgan, recession, SRI, wall street on February 15, 2009 | Leave a Comment »
In the last few months, a number of major stockbroking houses in the United States, including JP Morgan and Citi, have quietly cut their ethical investment research teams.
Job losses at these beleaguered financial services giants are hardly surprising, but the decision to completely slash these teams rather than just reducing their size could be [...]
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