In a joint Op-Ed submission from Deutsche Bank and Ceres, Kevin Parker and Mindy Lubber called for an international accounting of the costs of climate change. Relying data from behavioral economists they stated that when the price of costly activities are hidden from us, we’re more likely to pursue those activities prudently.

 
 
 
 
 
 
 
Parker and Lubber claim that the free market’s accounting system has disguised the cost of one of our most destructive activities: emitting pollution that is making the earth warmer. It has done this by making the market price of emitting those pollutants zero — these costs have simply not figured into …read more

The Securities and Exchange Commission Wednesday obtained an emergency court order to freeze the assets of Texas A&M finance professor Robert D. Watson. The accounts of Houston lawyer and CPA Daniel J. Petroski was also frozen, along with two firms. Watson and Petroski are charged with forging bank records to trick investors into believing they were earning excessively high returns in foreign exchange trading.
The Players & The Crime
Watson and Petroski are alleged to have raised over $19 million from investors using the following entities:

Alpha One: This foreign-currency trading software program was purportedly owned by their firm.
PrivateFX Global One Ltd.: Owned …read more