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Legal experts conversely argue that the global companies that form alliances to help them tackle climate change need clear "safe harbour" guidelines from governments to allay fears they could be tripped up by antitrust rules.(4) Critics of climate action in the U.S. are now arguing that industry climate alliances violate U.S.
BALCHUNAS: … I would say the financial crisis of 2008 is when they really kicked in. So that mutual ownership company that he created, and once it got really popular and they gradually then suddenly kicked in in 2008, and they started getting trillions, once the trillions start to kick in, a couple of things happened. RITHOLTZ: Right.
But the career paths from there were either kind of the PhD route, or the legal routes. NORTON: So in 2008, I just received my CFA charter, and I was beginning to look around and think about, you know, where else would I want to go in this company or outside the company. And it was interesting work. It was a demanding work.
00:20:33 And so in that period they ceased to be passive investors, they became activeinvestors, and that became an opportunity for outperformance. Entities like the s and p 500 growth fund are far more concentrated than is legally allowed by the 40 act, by which they’re governed. Everybody is an activeinvestor.
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