What’s gone wrong with the Committee to Save the Planet?

In 1999 timemagazine put three heavyweights from America’s Federal Reserve and Treasury Department on its cover, calling them “The Committee to Save the World”. They were Alan Greenspan, Robert Rubin and Lawrence Summers. Their accomplishment was stopping economic upheavals from Russia to Brazil causing mayhem in the global financial system. Big stuff, for sure. But nothing compared with the task facing those who today could be called “The Committee to Save the Planet”. They are Mark Carney, former governor of the Bank of England, Larry Fink, boss of BlackRock, the world’s largest investment firm, and Jamie Dimon, ceo of JPMorgan Chase, America’s biggest bank.

Their aims

→ Continue reading at The Economist

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