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Confidential files containing evidence of violations committed during El Salvador’s civil war have been stolen from a Washington-based human rights group days after it launched legal proceedings against the CIA over classified files on a former US-backed military commander implicated in massacres, death squads and forced disappearances. A computer and hard drive containing testimonies from survivors were stolen from the office of the director of the University of Washington Center for Human Rights (UWCHR) last week. The director’s office was the only one raided, there were no signs of forced entry, and items of monetary value were left behind. The stolen files contained details of investigations related to the 1980-1992 civil war, which left at least 75,000 people dead, 8,000 missing and a million displaced. The vast majority of crimes were committed by US-backed military dictatorships against civilians ... suspected of supporting the leftist guerrillas, according to the UN. Perpetrators were granted immunity from prosecution by a 1993 amnesty law, which remains intact despite being ruled illegal by the Inter American Court of Human Rights. The UWCHR has uncovered previously unseen information held by federal agencies such as the CIA and DEA, which it has shared with relatives of victims. The group filed a freedom of information suit against the CIA on 2 October. The sensitive files were stolen two weeks later. Several rights groups in El Salvador investigating war crimes have suffered similarly suspicious robberies.
Turing Pharmaceuticals chief executive Martin Shkreli found himself in the middle of a media firestorm last month as he adamantly defended his company's 4,000 percent drug price hike. Daraprim, which treats a life-threatening infection in patients with HIV/AIDS and other immune problems, was increased to $750 a pill, a move resoundingly decried. Now, another company will offer a Daraprim alternative, at just $1 a pill. It's not an exact replica of Daraprim. San Diego-based Imprimis Pharmaceuticals announced Thursday that it is selling pills containing a "customizable compounded formulation" of pyrimethamine and leucovorin, both ingredients in Daraprim. The Food and Drug Administration doesn't approve compounded drugs, such as this one offered by Imprimis. Typically, compounded drugs are prescribed to patients who can't take FDA-approved drugs, such as for those who are allergic to an inactive ingredient. Compounded drugs are no stranger to controversy; a compounding pharmacy was at the heart of a deadly meningitis outbreak in 2012 that killed 64 people and sickened more than 600. Federal legislators subsequently tightened regulations over such companies. And compounded drugs can be very pricey, too. But it appears the Daraprim alternative compound was not born out of a physical inability to use Daraprim, but a financial one.
Note: Read more about Turing Pharmaceuticals' outrageous Daraprim price-hike. Those in charge of the compounding pharmacy mentioned above were charged with homicide, but when a meningitis outbreak killed 11 children in an illegal Nigerian drug trial conducted by Pfizer, no one at Pfizer was charged with a crime. For more along these lines, see concise summaries of deeply revealing news articles about big pharma corruption.
The Federal Communications Commission voted to cap the price that phone companies can charge for calls to and from prison inmates, which they say can run up to a staggering $14 per minute. The rates for prison phone calls far exceed those of the general public, with the financial burden falling on the families of the more than 2 million incarcerated Americans. Under the new rules, scheduled to go into effect in early 2016, most prison inmates will not be charged more than 11 cents per minute for any call. The rules will ... also curb the extra charges that can often tack on up to an extra 70 percent, according to the commission. “The truth is that each of us is paying a heavy price for what is now a predatory, scaled market regime,” said Democratic FCC Commissioner Mignon Clyburn. “Not one of us here would ever consider paying $500 a month for a voice-only service where calls are dropped routinely for no reason.” While they don’t ban them outright, the new FCC rules also strongly discourage what they describe as kickbacks, the commission phone companies usually pay correctional facilities to win lucrative phone service contracts. “Incarceration is a policy choice, and it’s imminently unfair to then ask the families to pay for the correctional budgets,” said Aleks Kajstura, legal director at the Prison Policy Initiative ... citing the case of one inmate who faced a $56 bill for a four-minute conversation with a pro bono attorney.
Note: For more along these lines, see concise summaries of deeply revealing prison industry corruption news articles from reliable major media sources.
The Navy is poised to promote the admiral in charge of its elite SEAL teams and other commando units even though Pentagon investigators determined that he illegally retaliated against staff members who he mistakenly suspected were whistleblowers. Rear Adm. Brian L. Losey was investigated five times by the Defense Department’s inspector general after subordinates complained that he had wrongly fired, demoted or punished them during a vengeful but fruitless hunt for the person who had anonymously reported him for a minor travel-policy infraction. After conducting separate, years-long investigations that involved more than 100 witnesses and 300,000 pages of e-mails, the inspector general upheld complaints from three of the five staff members. In each of those cases, it recommended that the Navy take action against Losey for violating whistleblower-protection laws, the documents show. The Navy, however, dismissed the findings this month and decided not to discipline Losey. He now leads the Naval Special Warfare Command. The previously undisclosed investigations into one of the Navy’s top SEALs underscore the weakness of the military’s whistleblower-protection law and how rarely violators are punished. Of the 1,196 whistleblowercases closed by the Defense Department during the 12 months ending March 31, only 3 percent were upheld by investigators. The complaints against Losey also illustrate the Pentagon’s long-standing reluctance to discipline top brass for wrongdoing and how the military typically conceals misconduct investigations from public view.
Note: For more along these lines, see concise summaries of deeply revealing military corruption news articles from reliable major media sources.
A former Australian prime minister is on a list of "alleged paedophiles" that Liberal senator Bill Heffernan claims forms part of a police document. Senator Heffernan used a Senate estimates committee hearing on Tuesday to discuss the list of 28 people. Many ... named in the documents were "prominent". Senator Heffernan had shown the documents to the Royal Commission into Institutional Responses to Child Sexual Abuse but was told they were not part of its terms of reference. The commission, which was established in 2014, has inquired into child abuse in a wide range of institutions, including sporting groups, churches and after-school care services. It has power to look at abuse that occurs in an institutional context. Senator Heffernan called for the commission's terms to be changed to include the "institution of the law". He accused former royal commissioner Justice James Roland Wood of refusing to investigate lawyers who had allegedly attended a Kings Cross "boy brothel". "I did ask the commissioner why. He said he'd deny if I ever mentioned it," Senator Heffernan said. "[The commissioner] said, 'We've decided not to revisit that issue because the public would lose confidence in the judiciary.'" The senator said he had a list of all of the lawyers who allegedly attended the club, some of whom were still practising.
Note: Watch an excellent segment by Australia's "60-Minutes" team titled "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this sad subject. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
During the past few months, young Iraqis met each evening in a sparsely furnished building in Baghdad’s Karada neighborhood to ... rebrand their city from one of war to one of peace. Baghdad [is] the heart and soul of Iraq’s culture; cosmopolitan, diverse, and dynamic. The annual Baghdad City of Peace Carnival ... attended this year by more than 15,000 people, provided opportunities for some 500 young people to volunteer, collaborating across political, ethnic, and religious lines in an effort to show the positive side of Baghdad that they see. This year’s carnival included displays of paintings and handicrafts from local artists, readings of traditional poetry, performances by Iraqi and Western-style musicians, a book fair, free health checkups from medical students, and fundraising by local organizations. For Caesar Alwardii, the carnival is a second job. “I work from 8 to 4 every day, and then I come here,” he explains. “I spend more time on this than my actual job because this ... reminds people that there are things to be proud of and happy about in Baghdad.” Now the idea of the carnival may be spreading. “Our goal is that next year every province in Iraq, on one day, will have a Day of Peace,” he says. This year, the carnival took place on the heels of protests in Baghdad’s Tahrir Square. Noof Assi, one of the organizers of the carnival and a leader in the demonstrations ... sees [these events] as a sign of hope for a better future, especially as struggling Iraqis continue to flee to Europe.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
A video titled “BACK TO THE FUTURE predicts 9/11” ... has been online since late July. From the video’s first seconds, it seems like an obvious joke. It ticks off every box on the YouTube conspiracy-video checklist: the authoritative male voiceover; a preponderance of red circles and arrows. At 4:05, the narrator even manages to sneak in the obligatory Illuminati reference: Why, he demands, does the all-seeing eye appear on a storefront in the background of one scene for a split second? Although the video isn’t entirely sincere, it’s also not a parody or joke. The guys behind the video ... believe that 9/11 and “Back to the Future” - and everything in the universe, really - are connected by a vast Web of unseen, mystical, esoteric ties. This belief, dubbed “synchromysticism,” has attracted a small but devoted following online. And some of its practitioners make these things called “sync films”: an art form that explores the “conscious connective fabric that ties together all matter and energy within the universe.” The synchromystics have also made videos implicating “Back to the Future” in everything from Roswell to JFK’s assassination. “By documenting the interconnected patterns we observe, I believe we have become fractal cartographers - mapping the invisible landscapes of a quantum and/or holographic universe,” writes synchromystic Alan Abbadessa-Green ... who worked on the 9/11 video. "Synchronicity serves as the compass."
Note: Don't miss the fascinating video which is the subject of this article. For more along these lines, see concise summaries of deeply revealing news articles exploring the nature of reality and how this is sometimes covered up and manipulated.
U.S. President Barack Obama’s pledge Thursday to keep American troops in Afghanistan through 2016 was the last thing Mary Hladky wanted to hear. “It’s what we were dreading,” said the mother of three, whose son Ryan is in the National Guard after serving in the Army from 2009 to 2013 and in Afghanistan during the surge in 2011. She said announcements such as the one Obama made last week no longer surprise her, but they are still very upsetting. In May 2014, Obama said it was “time to turn the page on ... the wars in Afghanistan and Iraq,” saying he would withdraw the last American troops from the former country by 2016. Thursday, the president reversed course, saying the U.S. would keep at least 9,800 troops in the Central Asian nation through most of 2016, with at least 5,500 of them there at the end of next year. Obama ... was joined by Vice President Joe Biden and top military leaders when he made the announcement in Washington. After her son’s deployment, Hladky joined a group called Military Families Speak Out (MFSO), which has for years urged lawmakers to bring U.S. troops back from the conflicts in Afghanistan and Iraq. Although Obama said last week he opposes the idea of what he called “endless war,” it appears the decision to conclude what is now a 14-year-old conflict in Afghanistan will no longer be his to make, given the end of his term in office in January 2017. Meanwhile, his move has resulted in a tremendous amount of anger and betrayal being felt among many military families.
Note: For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.
No industry has aligned itself more closely with the breast cancer movement than the cosmetics industry. Yet while they prominently claim to care about women with breast cancer, their pink ribbon products all too often actually increase risk of the disease. Look Good Feel Better is a ... program run by the Personal Care Products Council (PCPC), the largest national trade group for the cosmetics industry, and the American Cancer Society (ACS), the nation’s largest cancer charity. They hold free workshops that give beauty tips and complimentary makeup kits to women in cancer treatment. Member companies of the [PCPC] donate cosmetic products for the kits given to cancer patients. The American Cancer Society administers the program nationwide. Many of the Look Good Feel Better kits contain ... carcinogens and hormone disruptors. These chemicals ... increase breast cancer risk, [and] interfere with breast cancer treatment. Most breast cancers are hormone-driven and common treatments target the body’s hormonal system. Some hormone disruptors – including methylparaben, which is in concealer and face wipes the ACS is giving to cancer patients – have been shown in a lab to interfere with Tamoxifen, a common hormonal breast cancer treatment. While the European Union has banned 1,300 chemicals from use in cosmetics, the United States has banned fewer than one dozen. The Personal Care Products Council spends millions of dollars lobbying against cosmetic safety regulations.
Note: Read about another example of egregious "pinkwashing" by a fracking company. And watch a promising new documentary on suppressed cancer cures. For more, see concise summaries of deeply revealing corporate corruption news articles, or learn about the promising cancer research too often suppressed in mainstream media.
David Talbot despises Allen Dulles. As director of the CIA, Talbot declares, Dulles exemplified the “frightening amorality that prevailed at the pinnacle of American power” at the height of the Cold War. As a lawyer for Sullivan and Cromwell in the 1930s, Dulles protected and promoted Nazi-controlled cartels. He used his influence in the Office of Strategic Services and the CIA to shield former Nazis from prosecution for war crimes in the ’40s and ’50s. Dulles organized the disastrous Bay of Pigs invasion of Cuba, [and was] willing to manipulate and undercut American presidents. In “The Devil’s Chessboard,” David Talbot, the founder and former editor in chief of Salon and former senior editor at Mother Jones, examines Dulles’ career and adds several more “achievements” to his dark resume. Talbot’s indictment is long. He suggests that had President Franklin D. Roosevelt lived, Dulles might well have faced criminal charges for hiding the U.S. assets of German corporations and destroying incriminating evidence. By 1963, Talbot insists, a clear consensus had emerged among corporate leaders “and within America’s deep state” that Kennedy was a threat to national security and had to be removed. Dulles, they concluded, “was the only man with the stature, connections, and decisive will to make something of this enormity happen." [Dulles] then lobbied Lyndon Johnson to appoint him to the Warren Commission, where he saw to it that Lee Harvey Oswald would take the fall as the “lone gunman.”
Note: Read another good article on Talbot's book revealing evidence in the JFK killing. And isn't it interesting that no other major media seemed to find this book worth a review, even though Talbot is well known as the founder of the website Salon.
What if belief in God and prejudice against immigrants could be altered by magnetic energy? That’s the question researchers sought to explore in a study published Wednesday in the journal Social Cognitive and Affective Neuroscience. The “magnetic energy” comes in the form of transcranial magnetic stimulation (TMS), a noninvasive procedure that uses a metal coil to send pulses to the brain. By activating certain regions of the brain, doctors have used it for things like measuring the damage of a stroke or treating depression. These researchers sought ... to temporarily disable one part of the brain: the part that responds to threats. Shutting down the [posterior medial frontal cortex] — they theorized — would reduce the need to believe in God. A similar model was used to test group prejudice. In both cases, their predictions rang true. In the participants whose pMFC was temporarily shut down, 32.8 percent fewer expressed belief in God, angels, or heaven. Some 28.5 percent more displayed a positive response toward the immigrant who was critical of America, compared with the control group. The University of York’s Keise Izuma says, “People often turn to ideology when they are confronted by problems."
Note: The above article fails to mention the mind control applications of this fascinating new research.
Law firms around the United States are lining up plaintiffs for what they say could be "mass tort" actions against agrichemical giant Monsanto Co that claim the company's Roundup herbicide has caused cancer in farm workers and others exposed to the chemical. The latest lawsuit was filed Wednesday in Delaware. The lawsuit is similar to others filed last month in New York and California accusing Monsanto of long knowing that the main ingredient in Roundup, glyphosate, was hazardous. Monsanto "led a prolonged campaign of misinformation to convince government agencies, farmers and the general population that Roundup was safe," the lawsuit states. The litigation follows the World Health Organization's declaration in March that there was sufficient evidence to classify glyphosate as "probably carcinogenic to humans." "We can prove that Monsanto knew about the dangers of glyphosate," said Michael McDivitt, whose Colorado-based law firm is putting together cases for 50 individuals. Roundup ... brought Monsanto $4.8 billion in revenue in its fiscal 2015. But questions about Roundup's safety have dogged the company for years. Attorneys who have filed or are eying litigation cited strong evidence that links glyphosate to non-Hodgkin lymphoma. Monsanto is also fending off claims over its past manufacturing of polychlorinated biphenyls (PCBs), which the WHO classifies as known carcinogens. At least 700 lawsuits against Monsanto or Monsanto-related entities are pending.
Note: It's interesting to note that a Google search shows almost no major media picked up this key news. Read how the EPA used industry studies while ignoring independent studies to declare Roundup safe. Read also an excellent mercola.com article titled "GMO cookie is crumbling." Monsanto is trying to stop the state of California from listing Glyphosate as carcinogenic. For more along these lines, see concise summaries of deeply revealing GMO news articles from reliable major media sources.
New England Patriots quarterback Tom Brady is taking on an unlikely opponent: junk food. Brady got heated during an interview on Boston sports radio station WEEI about Coca-Cola. "The fact that they can sell that, you know, to kids, that's, I mean that's poison for kids, but they keep doing it," Brady said. Brady, a father to two sons and one daughter, also took a shot at breakfast cereals, specifically the cereal represented in advertisements by the character Tony the Tiger. "That's just America and that's what we've been conditioned to so, you know, we believe that Frosted Flakes are actually, is a food," he said. The 38-year-old, four-time Super Bowl champion credited a healthy diet as a big part of his on-field success. He also accused certain large food and beverage companies of false advertising. "All those companies make lots of money selling those things," Brady told WEEI. "They have lots of money to advertise, you know? When you go to the Super Bowl, it's you know, that's who are the sponsors. That's the education that we get. That's what we get brainwashed to believe."
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
From 2011 to 2013, the most elite forces in the U.S. military, supported by the CIA and other elements of the intelligence community, set out to destroy the Taliban and al Qaeda forces that remained hidden ... along Afghanistan’s northeastern border with Pakistan. Dubbed Operation Haymaker, the campaign has been described as a potential model for the future of American warfare. The military’s own analysis demonstrates that the Haymaker campaign was in many respects a failure. The vast majority of those killed in airstrikes were not the direct targets. Nor did the campaign succeed in significantly degrading al Qaeda’s operations in the region. The frequency with which “targeted killing” operations hit unnamed bystanders is among the more striking takeaways from the Haymaker slides. [Documents obtained by The Intercept] show that during a five-month stretch of the campaign, nearly nine out of 10 people who died in airstrikes were not the Americans’ direct targets. Larry Lewis, formerly a principal research scientist at the Center for Naval Analyses, ... found that drone strikes in Afghanistan were 10 times more likely to kill civilians than conventional aircraft. This month, an American airstrike on a hospital run by the international organization Médecins Sans Frontičres ... killed at least a dozen members of the humanitarian group’s medical staff and 10 patients, including three children. A nurse on the scene recalled seeing six victims in the intensive care unit ablaze in their beds.
Former U.S. House Speaker Dennis Hastert is expected to plead guilty in a hush-money case stemming from allegations of sexual misconduct. Federal prosecutors have accused him of agreeing to pay $3.5 million to an unidentified person from his hometown of Yorkville, Illinois, to conceal past misconduct. He was a teacher at Yorkville High School in the 1960s and 1970s. That person has not surfaced publicly, but anonymous law enforcement sources have told several media outlets that Hastert was trying to cover up sexual abuse of a male student when he worked as a high school teacher and wrestling coach. Hastert's agreement, to change his plea to guilty from not guilty in the case, is expected to be submitted to U.S. District Judge Thomas Durkin on Monday, attorneys for Hastert said. "One of the best side effects of taking the plea is that material regarding reported sexual abuse will not come out," said [attorney Amy] Richardson, of the firm Harris, Wiltshire & Grannis. According to the indictment, Hastert withdrew $1.7 million in cash from his bank accounts from 2010 to 2014. He is charged with structuring $952,000 of the withdrawals, taking the funds out in increments of under $10,000 to evade a requirement that banks report large cash transactions. Hastert then told the FBI that he was keeping the cash for himself, which the indictment said was a false statement.
Note: Read more about this powerful politician's sexual misconduct cover up. If you want to understand how pedophile rings have infiltrated the highest levels of government, don't miss the powerful Discovery Channel documentary on this available here. For more along these lines, see concise summaries of deeply revealing news articles on sexual abuse scandals from reliable major media sources.
Giant Wall Street banks continue to threaten the well-being of millions of Americans. Back in 2000, before they almost ruined the economy and had to be bailed out, the five biggest banks on Wall Street held about 25 percent of the nation's banking assets. Now they hold more than 45 percent. In 2012, JPMorgan Chase, the largest bank on Wall Street, lost $6.2 billion betting on credit default swaps - and then publicly lied about the losses. It later came out that the bank paid illegal bribes to get the business in the first place. In May, the Justice Department announced a settlement of the biggest criminal price-fixing conspiracy in modern history, in which the biggest banks manipulated the $5.3 trillion-a-day currency market in a "brazen display of collusion," according to Attorney General Loretta Lynch. Wall Street's investment bankers, key traders, top executives, and hedge-fund and private-equity managers wield extraordinary power. They're major sources of campaign contributions to both parties. In addition, a lucrative revolving door connects the Street to Washington. Key members of Congress, especially those involved with enacting financial laws or overseeing financial regulators, have fat paychecks waiting for them on Wall Street when they retire. Which helps explain why no Wall Street executive has been indicted for the fraudulent behavior that led up to the 2008 crash. Or for the criminal price-fixing scheme settled in May. Or for other excesses since then.
Note: Does it at all seem strange that after the bailout in 2008, the percentage of US banking assets held by the big banks has almost doubled? Could this possibly have been planned? For more along these lines, see concise summaries of deeply revealing financial industry corruption news articles from reliable major media sources.
In the past year, global wealth reversed a steady upward climb and fell by $12.4 trillion, largely due to currency fluctuations. But worldwide wealth inequality continued its upward march: The top 1 percent of households “account for half of all assets in the world,” according to the 2015 Credit Suisse Global Wealth Report. That’s a first since the Swiss bank began compiling the data in 2000, and a level “possibly not seen for almost a century,” the researchers write. For those on the other end of the wealth spectrum, meanwhile, the numbers are reversed. The poorest half of the world’s population owns just 1 percent of its assets. Financial assets have seen a 6 percent rise in the share of total wealth since 2008, benefiting the wealthy, who hold a disproportionate amount of capital. The overall rise in global wealth continued to be driven in large part by China and the emerging markets, which have doubled their aggregate wealth since 2000. China, whose wealth has grown fivefold since the beginning of the century, was shaken by market turmoil in the middle of the year but still managed to add $1.5 trillion in wealth. In 2015, a household net worth of $759,000 will put you in the ranks of the global one-percenters. The cutoff for the top 10 percent stood at $68,800.
Note: For more along these lines, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.
Survivors of CIA torture have sued the contractor psychologists who designed one of the most infamous programs of the post-9/11 era. In an extraordinary step, psychologists James Mitchell and Bruce Jessen now face a federal lawsuit for their role in convincing the CIA to subject terror suspects to mock drowning, painful bodily contortions, sleep and dietary deprivation and other methods long rejected by much of the world as torture. In practice, CIA torture meant disappearances, mock executions, anal penetration ... and at least one man who froze to death, according to a landmark Senate report last year. On behalf of torture survivors ... as well as a representative of the estate of Gul Rahman – who froze to death in a CIA black site in Afghanistan – the American Civil Liberties Union (ACLU) filed the suit against Mitchell and Jessen on Tuesday in a federal court in Washington state. The suit calls the torture program a “joint criminal enterprise” and a “war crime” in which the CIA, Mitchell and Jessen colluded and from which Mitchell and Jessen financially profited. Although numerous US government investigations have pierced the veneer of secrecy around the torture program, the program’s government architects have faced no legal reprisal. A Justice Department inquiry ended in 2012 without prosecutions. The new lawsuit, aimed not at government officials but the contractors Mitchell and Jessen, aims to break the trend.
Note: For more along these lines, read about how the torture program fits in with a long history of human experimentation by corrupt intelligence agencies working alongside unethical scientists. For more, see this list of programs that treated humans as guinea pigs.
They are deploying their vast wealth in the political arena, providing almost half of all the seed money raised to support Democratic and Republican presidential candidates. Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign, a New York Times investigation found. Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago. The 158 families each contributed $250,000 or more in the campaign through June 30. An additional 200 families gave more than $100,000. Together, the two groups contributed well over half the money in the presidential election - the vast majority of it supporting Republicans. “The campaign finance system is now a countervailing force to the way the actual voters of the country are evolving and the policies they want,” said Ruy Teixeira, a political and demographic expert. The donor families’ wealth reflects, in part, the vast growth of the financial-services sector and the boom in oil and gas. They are also the beneficiaries of political and economic forces that are driving widening inequality. Together, the [energy and finance] industries accounted for well over half of the cash contributed by the top 158 families.
Note: What does it mean for democracy when billionaire oligarchs have their own political party? For more along these lines, see concise summaries of deeply revealing elections news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Elections Information Center.
After decades on the fringes, impact investing is going mainstream. Though the phrase isn’t yet commonplace, the concept is familiar enough to have spawned several monikers: values-based investing, green investing, mission-driven investing, sustainable investing, socially responsible investing, principled investing. Some 3,000 investors and entrepreneurs convened at Fort Mason this week to discuss the idea at SOCAP, the leading conference for people who want to support social innovation with their money. “Social-impact investors want to make sure they are doing good in the world but as a genuine investment, not philanthropy,” said Eryc Branham, CEO of MissionHub, which produces the conference. The rapidly growing field measures returns not just in dollars and cents but in social and environmental change. On the financial side, some investors accept lower returns as a trade-off for doing good. But they don’t necessarily have to. A new report from the Wharton School at the University of Pennsylvania found that pursuing a social agenda doesn’t come at a financial price. After studying 53 funds with 557 investments, Wharton found that their rate of return from 2000 to 2014 was in line with benchmarks like the Standard & Poor’s 500 index. While impact investing amounts are still small compared with the multitrillion-dollar financial market, the potential for making a difference is immense.
Note: Learn how the microcredit movement is providing investors with financial returns while empowering small business owners and lifting people out of poverty.
Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.