Investing and Global Finance News

Author Archives: Tom Sanderson

Obama Takes Heat for His Comments Bashing Individualism

Like fresh meat thrown to a pack of wolves, Obama’s comments about the relationship between government and business has inspired prominent business organizations, conservatives and the Republican candidate for president, Mitt Romney, to react in the strongest way to Obama’s remarks. Obama was speaking in Roanoke, Virginia to a group of supporters when he stated… Continue Reading

Companies That Love the Earth

Some companies say they are good to the environment, but really aren’t so good if you take a closer look. Newsweek decide to take a closer look, and with the help of some experts on environmental issues and business practices, studied a large selection of companies for more than one year. Among the 15 top… Continue Reading

New Regulations Will Bring Transparency to Wall Street

New regulations to better control high-risk trading on Wall Street were ushered in on Tuesday by government regulators seeking ways to prevent future financial crisis caused by high-risk business practices. The rules are an expansion of the Dodd-Frank regulatory law and will give the government more control over the $700 trillion derivatives industry, a murky… Continue Reading

Steven Klinsky: CEO and Founder of New Mountain Capital

Steve Klinsky founded New Mountain Capital in January, 2000 in New York. New Mountain’s first private equity fund was Mountain Partners, LP, with assets valued at $770 million. During the ensuing years Klinsky created two additional private equity funds; New Mountain Partners II, which was launched with $1.55 billion beginning in January 2005; and New… Continue Reading

On Mario Draghi, Leader of the Central Bank of Europe

Mario Draghi is the head of the European Central Bank. With the debt and economic crisis looming dangerously over several crucial European nations, the power Draghi wields is formidable. One observer, Franklin Allen, professor of finance at the University of Pennsylvania’s Wharton School of Business had this to say about Mario Draghi: “In terms of… Continue Reading