My Oily Heirloom

My Oily Heirloom

I’ll feel empowered when ExxonMobil convenes its upcoming annual shareholders meeting. Oddly, that’s because I’ve sold all my stock in the company. Shareholders like me and some major institutions, including New York State’s $178 billion pension fund, have urged...
Al Gore Moves to the Bright Side

Al Gore Moves to the Bright Side

Remember An Inconvenient Truth? In addition to proving that people will pay good money to watch a movie costarring Al Gore and a PowerPoint presentation, that Oscar-winning documentary elevated climate change to an issue that everyone should fret about. In the decade...
Martin Shkreli: My Person of the Year

Martin Shkreli: My Person of the Year

It’s time — past time, really — to name the person of the year. (TIME Magazine does it. Why not me?) There were many worthy candidates in 2015: the Pope, the Donald, and Luke Skywalker, to name just a few. But only one symbolized the spirit of the year. I speak, of...
Millennials Better Start Thinking About Retirement

Millennials Better Start Thinking About Retirement

I’m only 24, but I signed up for the 401(k) plan at work as soon as I qualified. I’m privileged to have a responsible employer and to belong a union that fought for its members’ right to enjoy decent retirement benefits. Many of my friends aren’t so lucky. My employer...
Don’t Be a Fossil-Foolish Investor

Don’t Be a Fossil-Foolish Investor

Investors who choose to steer clear of oil, gas, and coal are protecting their portfolios in the short term and the long run. Who has divested lately? The fast-growing list includes the University of California, insurance giant Allianz, the German city of Munster, and...