Corporations are using our money to trash the environment.
By Hank Boerner
Let’s ask ourselves, whose money is it, anyway? In a recent CSRwire Talkback blog post, I wrote that, in my opinion, the highest test of true corporate responsibility is to see how the corporate board and management respect the concept of managing other peoples’ money (OPM). That set me thinking: as the billions and tens of billions of dollars that trade every day go swirling around the capital markets…whose money is it, anyway that stock traders and investment bankers and hedge fund managers and other market mavens are using to “play the market?” Yours and mine? Let’s think about that for a second or two as we read of investment banking bonuses.