Jp morgan

"A lie can get halfway around the world before the truth has a chance to get its pants on." That old saw is now hopelessly out of date. These days, an apparent malicious falsehood can become global news in a matter of seconds, especially if it contains suggestions that pants might have come off. Human beings love to share shocking gossip, and internet technology means that we can do so at terrifying speed and scale. Social media now resembles the lower-rent tabloids of old, rife with fantastical pieces about aliens or sex slaves and the occult Take, for instance, the incredible tale of the feline JPMorgan executive who "sexually harassed" a junior male staff member.

ESG, or environmental, social and corporate governance, has taken the financial world by storm. It first hit the scene in a 2004 United Nations report that argued the financial sector could rack up more profits if it focused on carbon dioxide reduction and UN-approved progressive causes and has ballooned into a big, green financial juggernaut. In 2021, ESG assets under management hit an estimated $35 trillion. Bloomberg projects that by 2025 $53 trillion will be invested in ESG vehicles — that’s over one third of global assets under management and over five times 2007’s total of $10 trillion of ESG assets.  The main thrust is to hasten the renewable energy transition to solve climate change by diverting capital from fossil projects to various green projects.