Environmentalists are accusing the president of breaking a campaign promise to ban new federal fossil fuel leasing. The administration says its hands are tied.
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Economics
Frances Coppola: The Sorry State Of We
The We Company has now formally withdrawn the S-1 registration for the IPO it suspended two weeks ago. The proposed equity fundraising of about $3.5bn had been widely expected to fail after being universally panned […]
Corruption
Finance Watch: Still Going Round in Circles: The Revolving Door Between Banks And Their Regulators
This week, the too-big-to-fail bank lobbyist Jose Manuel Campa has been nominated to be the new head of the European Banking Authority – the very authority that is in charge of supervising those powerful banks. […]
Climate Crisis
Jessica Corbett: Private Equity Executives Hide Behind Philanthropy as Their Firms Ravage the Earth
It’s a “serious problem” that executives can invest in fossil fuels and then “greenwash their reputations.” Read Here
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