Wednesday, June 19, 2013
Monday, June 17, 2013
Thursday, June 13, 2013
Goldman closes 2nd Social Impact Bond with Much Lower Credit Enhancement
As details of the transaction emerge, it appears that J.B Pritzker has taken a first-loss subordinated position of 34% which is much lower than the 75% credit enhancement which Bloomberg Philanthropies provided in the NYC Rikers Island transaction.
http://dealbook.nytimes.com/2013/06/12/goldman-to-invest-in-utah-preschool-program/?smid=pl-share
http://dealbook.nytimes.com/2013/06/12/goldman-to-invest-in-utah-preschool-program/?smid=pl-share
Tuesday, June 4, 2013
How Can We Align Who We Are with What We Do?
David Brooks describes a phenomenon I see in my students and colleagues as we all try to reconcile the sometimes conflicting desire to make a living and make the world a better place. Can we consume our way to a sustainable and just world? Can we do well and good? This complexity only seems to increase as the world gets smaller.
http://www.nytimes.com/2013/06/04/opinion/brooks-the-way-to-produce-a-person.html?smid=pl-share
http://www.nytimes.com/2013/06/04/opinion/brooks-the-way-to-produce-a-person.html?smid=pl-share
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