Thursday, March 24, 2022

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Iconic stateswoman Madeline Albright has died at 84; a Black official reacts to the race-based grilling of Ketanji Brown Jackson; and the Biden administration is urged to speed the clean-energy transition.

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The U.S. accuses Russia of war crimes; President Biden meets with NATO allies in Brussels; and it was an emotional day for Supreme Court nominee Ketanji Brown Jackson at her confirmation hearing.

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Hoops make headlines in Oklahoma as the Citizen Potawatomi Nation becomes the first tribe to own a professional basketball team; South Dakota's Rosebud Sioux Indian Reservation raises world's largest native-owned buffalo herd; farmers face down rising prices for fertilizer; and New Mexico claims bragging rights as soil champions.

“Oil and Water” Meet on Wall Street

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Friday, October 5, 2012   

NEW YORK - What happens when social activists and corporate executives are thrown together in a conference setting over two days in a Wall Street meeting place?

The people who put together Commit!Forum2012 say good things happen, and that the world moves a little bit toward a better place.

The forum, sponsored by Corporate Responsibility magazine, brought together executives from companies such as AT&T and UPS with activists such as environmentalist Bobby Kennedy, Jr.

"We all tend to isolate ourselves. Environmentalists talk to environmentalists and watch MSNBC. Wall Street moguls talk to other Wall Street moguls and tycoons and watch Fox News. And never the twain shall meet."

But meet they did, in discussions centered on such issues as crony capitalism and the nation's fiscal and sustainability deficits. Mild sparks flew occasionally, but most participants said it was worth searching for common ground on which to tinker with free-market capitalism despite its excesses and shortcomings.

Robert Shapiro, former President Clinton's chief economic adviser, took part in a concurrent series of events called the "UnConvention," bringing together business leaders with political types from both the left and right.

"We need to find all sorts of forums and occasions and mechanisms to bring together business and the increasing demands of a general public that increasingly feels short-changed."

Bill Shireman is president and chief executive of Future 500, a consultancy that tries to bridge the gap between corporations and nonprofit groups. He organized the UnConvention.

"We have representatives from the Sierra Club that are here, we have representatives from Greenpeace, and from oil companies. We have the largest corporations and the most impassioned activist groups, right here."

Kennedy told corporate executives that in his view, injury to the environment equals deficit spending, in that the cost will become due down the road.

"Environmental injury is about loading the costs of our generation's prosperity onto the backs of our children, and onto the poorest members of our society who always shoulder the disproportionate burden of environmental injury."


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