In Visit, Bloomberg Defends Goldman Sachs. Banksecrets. Investment bankers in drag. Melbourne, Australia - Responsible investing - despite what the appellation "responsible" might suggest - is not about investing morally.
In fact, such investors commonly view ethical concerns as a values-based distraction from the primary task of making money. As such, responsible investors (let's give them the moniker, "Ms Responsible") do not exclude companies or industry sectors for being unethical or harmful to the natural environment, human society, or the economy. The issue of climate change, for example, only matters in so far as it affects financial returns. Citigroup Profit and Revenue Decline for Quarter. Andrey Rudakov/Bloomberg NewsVikram S.
Pandit, chief of Citigroup. 7:57 p.m. | Updated Despite signs of life on Main Street, Wall Street is still struggling.