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Gitterman Asset Management announces its virtual conference, The Great Repricing: Financial Advice in the Age of Climate Change
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Gitterman Asset Management announces its virtual conference, The Great Repricing: Financial Advice in the Age of Climate Change
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Why markets are missing the DarkSide threat © Provided by 24/7 Wall St.
By David Callaway, Callaway Climate Insights
The White House was quick to jump into the Colonial Pipeline hack over the weekend, issuing a rare emergency order to keep oil moving using highways and ships and bringing in Homeland Security.
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But aside from some mild gains in oil stocks Monday, markets largely ignored the potential threat that several days of outage could cause to gasoline prices on the East Coast, or to the seven major airports Colonial serves. That complacency is misguided.
The hack by a ransomware group called DarkSide, while targeted at a private company, crossed an important line in national security. Most of our energy infrastructure is owned and operated by private companies. While hackers are increasingly targeting companies for ransom payments, this is the first time a hack has threatened to de-stabilize energy supplies. It won’t be the last.
Climate Action Pursuit: Sustainability Investing, the Obstacles, and the Opportunities
Panelists discussed the importance of ESG approaches and increasing diversity on company boards and in the broader investment industry.
Market experts gathered virtually at Climate Action Pursuit late last month to address the current investment landscape related to sustainability. Hosted by the Intentional Endowments Network (IEN) and Second Nature
, Pursuit participants discussed focal areas within environmental, social, and governance (ESG) investing and the related challenges and opportunities.
One of the Pursuit’s central themes was highlighting the value of racial equity and diversity for company boards and the broader investment industry. Experts noted that racial justice could not be separated from other ESG factors, but must be central to any response to climate and other risks.
Brokers sold GPB private placements using the worst tactics in Wall Street’s playbook
Client appreciation dinners are all well and good, but private suites at Madison Square Garden are clearly beyond the pale.
February 17, 2021 5 MINS
Promises of IPO riches tied to a legendary Wall Street bank. Fancy client appreciation dinners and a posh box at Madison Square Garden.
Those are just some of the tactics that brokers and financial advisers used to promote and sell $1.8 billion in private placements managed by GPB Capital Holdings, which the Justice Department this month claimed has been running a Ponzi-like scheme for years.
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