Former U.S. Vice President Al Gore wants to end the default practice of quarterly earnings guidance and explore issuing loyalty-driven securities...This seems like he is advocating for continued required quarterly regulatory reporting, but he would end the practice of the so-called "guidance". I would have to think that this would increase overall share price volatility and probably benefit the options/derivatives industry. Gore is with a former division CEO of Goldman-Sachs in this advocacy effort.
Friday, February 17, 2012
Al Gore: Time for a Sustainable Capitalism
Former US Vice President Al Gore has been out lately promoting some new ideas about a "Sustainable Capitalism" , story at Reuters here. Excerpt: