If you turn on the television these days, everyone seems to have an opinion as to what constitutes securities fraud. In and of themselves, opinions are fine -- the problem is that there is often a difference between those opinions and reality. Debate is nice. Facts and the truth are even better. read »
In yet another vote of confidence for its solar thermal technology, BrightSource Energy of Oakland, Calif. has raised an additional $200 million current investors. That brings the total equity raised so far to more than $530 million. BrightSource says the funds will support building more solar thermal plants in the U.S. as well as international expansion. read »
"If you don't ever do anything, you can never screw up" my boss said. read »
Dinevore CEO on the entrepreneurial process of starting and building his company.
Another day in Europe and another round of downgrades as both Portugal and fellow distressed nation Greece were downgraded by Standard & Poor’s, (S&P). The credit ratings agency said that the European Union’s (EU), new bailout rules may mean that both nations eventually renege on their debt obligations. read »
In his book “The Death of Outrage”, William Bennett – former U.S. Secretary of Education – attacked the notion that the ends justify the means. Currently, the Financial Industry Regulatory Authority (FINRA) – the brokerage industry’s self-regulatory organization – is contemplating imposing limit on commissions of 15 percent. The brokerage industry is opposing it. read »
The New York Times had a marvelous feature this morning on how Japanese officials failed to plan for the mega-earthquake and tsunami that overwhelmed the aging Fukushima Daiichi nuclear plant. Well-researched and gripping, the story tells about how regulators and utility executives couldn't conceive of the 46-foot wave that washed over protective walls, drowning the diesel generators vital to maintaining a flow of cooling water to the reactors. read »