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Yet another scandal was announced Monday regarding Citigroup (C). Last week, Citi announced it was temporarily suspending its mortgage securitization unit – after management “discovered” that it had never stopped buying and packaging fraudulent mortgages (i.e. mortgages lacking appraisal and/or income documentation). I suppose we should applaud management for its 'vigilance' – after all, it's only been two years since the U.S. mortgage Ponzi-scheme was revealed to the world.

RES Software, an Amsterdam-based provider of user workspace management software, has raised $12.5 million in VC funding from Updata Partners. MeesPierson served as financial advisor to RES Software.

Congress is expected today to take up the so-called "cap and trade" bill that Democrats hope will drastically cut the greenhouse gases that many scientists believe imperil our planet.

We know our country must cut its greenhouse gas emissions, but this bill isn't the way to do it. Even supporters of this complex system acknowledge that...

Landmark legislation to curb U.S. greenhouse-gas emissions was approved by the House of Representatives in a close vote late Friday, June 26, 2009. The numbers are staggering. Obama's recently unveiled cap-and-trade plan would raise $645 billion in revenue from government-run emissions auctions over 8 years.

Ethical investing is, allegedly, the pursuit of socially responsible investors who favor corporate practices that promote environmental stewardship, consumer protection, human rights, and diversity. Some (but not all) avoid businesses involved in alcohol, tobacco, gambling, weapons, the military, and/or abortion. (Source: Wikipedia).