In 2008 we watched as trillions of dollars vanished before our eyes,
enveloped in the crash and burn of Wall Street's bottom line. As working
Americans and retirees awake from the aftermath, we're searching for
answers and alternatives to the reckless loans and dicey short-term bets
that ravaged our savings and retirement assets. Up From Wall Street: The
Responsible Investment Alternative makes the case that there are
strategic and socially responsible investment paths that have the
capacity to rebuild our economy and infrastructure, reinvigorate our
cities, and create the highly-anticipated green jobs of the future.
Through real-life stories and case studies, Thomas Croft illustrates how
the responsible investment of savings assets, pensions, insurance funds,
and other trusts can generate positive social, economic, and
environmental benefits - along with financial returns. Included in the
book is A Field Guide to Responsible Capital, which contains
descriptions of investment funds that are together managing over $30
billion and provides a detailed analysis of some of the firms and
projects in which they invest. "Anyone with an interest in making sure
their savings are put to work in a manner that strengthens our economy
must read this volume." -Dr. Tessa Hebb, author of No Small Change:
Pension Funds and Corporate Engagement "Up From Wall Street offers a
path towards, and real life examples of, investments in private equity
and real estate that create value for investors by producing sustainable
wealth for businesses, their employees, and communities alike." -David
Wood, Director, The Institute for Responsible Investment "This study
captures a rising wave of progressive investment activity that will
define the 'prudent investor' standard for all investors in the future."
-Kirsten Snow Spalding, California Director, Ceres "I hope that ... many
of the people who pushed for change in Washington, D.C. across America
and our neighbors to the North will read this book." -Richard L. Trumka,
Secretary-Treasurer, AFL-CIO Thomas Croft is an international expert on
innovative capital strategies and jobs-oriented economic revitalization
policies. He serves as Director of the Heartland Network and Executive
Director of the Steel Valley Authority and has authored or commissioned
vital new perspectives on alternative pension investment strategies and
a fair economy
