As an ode to the “rank ‘em and spank ‘em” strategy coined by our outgoing Executive Director Mike Brune, we proudly present the following roster of international banks backing expansion in the tar sands. The table below is based on credit extended underwritten by each bank to companies operating in the tar sands since 2007 [...]
Continue reading...Monday, September 28, 2009
I first met Maria Gunnoe a couple of years ago when we had the great fortune to honor her at REVEL with a World Rainforest Award for her courageous and critical work in West Virginia’s Appalachian mountains. I was impressed by her courage and her spirit – and just how engaging and approachable she is. [...]
Continue reading...Tuesday, June 30, 2009
JP Morgan Chase bank, based in New York City, is living in the past. While they have a fancy new advertising campaign, that most of us have undoubtedly seen in the past few months, JP Morgan Chase still invests hundreds of millions of dollars into coal each year – reflecting an antiquated and highly destructive [...]
Continue reading...Wednesday, February 11, 2009
Our friends at Bank of America, Citigroup, and other major banks are in the news this week: - Yesterday, Treasury Secretary Geithner unveiled the Obama administration’s bailout plan to spend up to 2 TRILLION dollars to revive the economy, including details for how the government will spend the second half of the TARP bailout funds. [...]
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Sunday, January 31, 2010
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