Comments on: RBS gets green light to be dirty

By: lee

lee — Sat, 05 Dec 2009 08:04:07 +0000

I have often wondered why the World Bank cannot offer a two tiered bank base rate (BBR) system. A premium lower rate would only be for green lending. Normally interest rates are governed by inflation. But because we are talking about a new growth sector even with inflation it could sustain a lower BBR.

By: Rob

Rob — Wed, 28 Oct 2009 15:42:45 +0000

Exactly - “too many business people have been living on chill pills since the 90’s instead of focusing on long term planning with proper risk consideration.”

We wouldn’t be dealing with recession in the first place if we had a more responsible and sustainable business mantra that puts slow but sure economic growth ahead of profit driven bubble chasing.

By: Peter Wognum

Peter Wognum — Wed, 28 Oct 2009 12:41:11 +0000

RE: P Lemieux says: …

That is exactly the point. There is still a body of business people who deny the science and cannot (or will not) acknowledge that the two are inextricably linked.

Any recovery plan(s) should, as a matter of business sense, include a consideration of short term actions designed to put the bankers back into profit (n’est ce pas?) against the long term impact on business sustainability.

The reason the global economy is in the state it is in is precisely because way too many business people have been living on chill pills since the 90’s instead of focusing on long term planning with proper risk consideration.

By: P Lemieux

P Lemieux — Tue, 27 Oct 2009 23:42:55 +0000

It amazes me that the environmentals can’t take a chill pill and let us get out of this recovery before they resume saving the world.