babble home - news for the rest of us
today's active topics

Post New Topic  Post A Reply
FAQ | Forum Home
  next oldest topic   next newest topic
» babble   » walking the talk   » labour and consumption   » Karmabanque

Email this thread to someone!    
Author Topic: Karmabanque
Babbler # 560

posted 06 May 2006 02:45 PM      Profile for Michelle   Author's Homepage     Send New Private Message      Edit/Delete Post  Reply With Quote 
Anyone heard of this?

I first heard of it months ago on Madge Weinstein's podcast, where the couple who run karmabanque, former American citizens who left the US for Europe, are commentators. It's an interesting idea.

I don't really understand hedge funds all that well, but apparently karmabanque has gotten some attention in all the right places. Here's a short description from their website:

It is easy to get rich people to financially attack and impoverish other rich people

** Avoid wasting time with your campaigns - attack stock prices! **

You don't need money to attack a company's stock price. Hedge funds (rich people) will attack a company's stock price (other rich people) for you if you bait them correctly with the right boycotts.

**We crunch the numbers and recommend the best hedge-fund-baiting boycotts.

Here's their primer on how it works.

[ 06 May 2006: Message edited by: Michelle ]

From: I've got a fever, and the only prescription is more cowbell. | Registered: May 2001  |  IP: Logged
Babbler # 12062

posted 08 May 2006 05:21 PM      Profile for otter        Edit/Delete Post  Reply With Quote 
I definitely like the idea of using the stock market to impact the corporate agenda. However, boycotts are very difficult to organize and then maintain. I wish them all the best in this endeavour though.
From: agent provocateur inc. | Registered: Feb 2006  |  IP: Logged

All times are Pacific Time  

Post New Topic  Post A Reply Close Topic    Move Topic    Delete Topic next oldest topic   next newest topic
Hop To:

Contact Us | | Policy Statement

Copyright 2001-2008