EcoGEOS > Leading Socially Responsible Investor Joins Advocates in Call to ...

[International Rivers Sitewide RSS Feed] Boston-based Trillium today released a letter filed with the Securities and Exchange Commission and sent to Berkshire’s nearly 2,000 institutional shareholders -- who own more than $26 billion in its preferred and common stock -- urging a “yes” vote on the proposal, which was submitted by Berkshire shareholder Joseph G. Petrofsky.  The letter comes in the wake of a report recently issued by leading shareholder advisory firm PROXY Governance that recommends a vote in favor of the resolution, calling Berkshire’s disclosure of environmental and social issues affecting its portfolio “relatively poor,” and concluding that “additional disclosure in this area would help shareholders.”

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[theRacetotheBottom - Headline News] The Race to the Bottom - Home - The Sudan Accountability and ...: corporate governance sarbanes oxley shareholders corporate governance Rule 10b-5 Securities and Exchange Commission proxy rules independent directors executive compensation delaware law regulatory SRO SOX. Three investment companies have filed N-CSRS forms stating their anti-genocide investment policy: Claymore, Calvert, and Domini.

[Royal Dutch Shell plc .com] FT REPORT - FUND MANAGEMENT: The rise of the activist shareholder ...: At the same time oil companies were making news for the wrong reasons, best exemplified in 1995 by the criticism Shell received after the execution of Nigerian activist Ken Saro- Wiwa, who had been protesting against environmental damage caused by the oil industry. That year Shell also faced an outcry over its plans to dump the Brent Spar oil rig into the sea.

[ShaulaBlog - clear-eyed capitalism] Who’sa fan of SRI now?: This detailed 10 page report covers the merger of Wells Fargo and Norwest and many lending practices, ending with the sad conclusion “Lulled by favorable analyst reports, Wells Fargo investors may not realize they are subsidizing a predatory lender. In addition, limited regulatory oversight and loopholes in regulations have enabled Wells Fargo Financial to hide predatory practices from federal regulators.

[Marc Gunther's latest column/blog post] Marc Gunther » Warren Buffett and Darfur: Could Warren Buffettâ€â™s Berkshire Hathaway be helping to support genocide in Darfur? The Sudan divestment movement —which has persuaded Harvard, Yale and Stanford, among others, to sell holdings of companies doing business in Sudan—says Berkshire should do the same.

[Stock Gumshoe] Stock Gumshoe Investigates: "The Boardwalk Club ”” Secret Society #5": Lorillard is a huge part of their business, though probably a declining part, and while I’m generally not interested in socially responsible investing as a guiding principle, I’m personally not willing to invest directly in tobacco companies. I have considered several times an investment in Diamond Offshore, which is my second-favorite offshore drilling company, but the shares climbed so fast that I kept waiting and waiting for a better price …

[DealBook] Ask Warren Buffett a Question - DealBook Blog - NYTimes.com: must bethe ChiefRisk Officeraswell.Ifwelose moneyonourderivatives,itwillbemyfault.Our derivatives dealings requireourcounterparties tomakepaymentstouswhencontractsareinitiated. Berkshirethereforealwaysholdsthemoney,whichleavesusassumingnomeaningfulcounterpartyrisk.Asofyearend,thepaymentsmadetouslesslosseswehavepaid-ourderivatives“float,”sotospeak-totaled$8.1billion.Thisfloatis similartoinsurancefloat:Ifwe breakevenon an underlying transaction, we will have enjoyed the use offreemoneyfora longtime.Ourexpectation,though itisfarfromasure thing,isthatwewill dobetter thanbreakevenandthatthe substantialinvestmentincome we earnon thefundswillbefrostingon thecake.”

[Greenbackd] Tandy Brands Accessories Inc (NASDAQ:TBAC) « Greenbackd: Subtracting TBAC’s liabilities from its written down assets, we estimate TBAC’s liquidating value at around $22.3M or $3.16 per share. We note that the same valuation undertaken in the same quarter 12 months ago would have yielded a liquidating value of around $8.38 per share, which means that TBAC has managed to tear up more than half its value in a year.

[The Oil Drum - Discussions about Energy and Our Future] The Oil Drum | DrumBeat: September 23, 2008: In general corruption is alot less socially accepted in the Netherlands, I'm in Maastricht now. The small time stuff, such as petty theft is generally accepted as "IT happens", but big time crooks such as Paulson and Bernanke wouldn't be able to go home at night or talk to their neighbors.

[Recent articles | ukwatch.net] The Subprime Crisis | ukwatch.net: In a letter to the shareholders of Berkshire Hathaway, he conceded that Berkshire's main business, re-insurance, was itself conceptually close to the use of derivatives, the latter being calibrated bets on a pattern of future events not unlike ....

[Comments for politicalbetting.com] politicalbetting.com » Blog Archive » “Four To Follow” for 2009 ...: 459 I suspect he will go after the G20 meeting - it will come up with a basket full of future pledges which will be utterly inappropriate to the new reality we are in, but there will be a general fanfare for all the leaders to take back and spoon feed to their bewildered electorates. However, it will be apparant to most by then that its over and I would imgaine the spirit of G20 will fade rather quickly - Brown will bolt at the first convenient moment to have a health ’scare’

[Hillary Is 44] Hillary Is 44 » Blog Archive » World Leaders And North Korea To ...: “All countries concerned should show restraint,” and any response should be “cautious and proportionate,” Chinese Ambassador Zhang Yesui told reporters after the Security Council held a three-hour closed meeting. “We think that we should take some time to understand the technical parameters of this launch,” Russian Deputy Ambassador Igor Shcherbak said.

[Nouriel Roubini's Global EconoMonitor] RGE - The world is at severe risk of a global systemic financial ...: Download the Q1 Update to the 2009 Global Economic Outlook and listen to the conference call with our Advisory clients recorded on Tuesday, April 14, 2009.

[BBC NEWS | Peston's Picks] BBC - Peston's Picks: How to solve the crisis: It seems moronic, that an ordinary Jo like myself, through an interset in these matters was aware that this was going to happen more than 3 and a half years ago when those that claim to be competently running our economy, pensions etc were apparently unaware!! I put it to you that they were aware and when this is all over, will line their pockets with the bargains of the century whilst the man in the street and the dim witted pension funds (that always do exactly the opposite to what they should do whilst creaming off easy money in fees) will be left high and dry once again.

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