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Home Front: Economy
AlGore to Head New Investment Management Firm
2004-11-09
Given his track record of backing losers, I'd stay far, far away from this:
Former U.S. Vice President Al Gore was named chairman Tuesday of Generation Investment Management, a new London-based fund management firm that plans to create environment-friendly portfolios. Generation Investment will manage assets of institutional investors, such as pension funds, foundations and endowments, as well as those of "high net worth individuals," from offices in London and Washington, D.C.
Looking for big money libs.
Gore said the new company will carefully screen potential companies to invest in, choosing only those that meet specific standards on how they treat their employees and the environment. Growth prospects will also be considered, he said.
Note that a return on investment is a secondary consideration.
Founding partners announced Monday also include David Blood, former CEO of Goldman Sachs Asset Management....
The Blood and Gore Fund, catchy name.
Posted by:Steve

#9  Al Gorelione into investments....hmmmm....like Al Sharpton and his "I quit" reality show....a fool and his money are soon parted.

So what happens to all the Dem lawyers now that they have nothing to do? Back to ambulance chasing, probate, and writing regulations?
Posted by: Alaska Paul   2004-11-09 11:13:02 PM  

#8  bet Soros doesn't invest with them. He's an asshole, but a successful one
Posted by: Frank G   2004-11-09 10:59:52 PM  

#7  tu3031 -- You didn't know? Al Gore invented investment management.
Posted by: Ol_Dirty_American   2004-11-09 10:48:42 PM  

#6  This will be strictly cattle futures.
Posted by: Mrs. Davis   2004-11-09 6:20:37 PM  

#5  Bet they refuse to invest in Israel.
Posted by: Seafarious   2004-11-09 5:49:11 PM  

#4  I have a few Mutual Funds. I will be watching their prosepcti somewhat closer now to see if they invest with this group. If they do, it's a sell.
It has occured to me, that it might be the opportune time to get some more specialty funds out there. Say, a Conservative Fund investing in those things conservative by nature. There are already loads (no pun here) of funds e.g. the Lutheran Fund, Catholic Funds, Carver funds to name a few that invest for their constituents who share their views.
I propose the Bush Fund would be a good one to consider as a name.
Posted by: Bill Nelson   2004-11-09 5:48:57 PM  

#3  Priceless. Will they register as a 527?
Posted by: lex   2004-11-09 4:15:46 PM  

#2  I know this is probably an awkward question, but... what qualifies my man Al to manage an investment group?
Posted by: tu3031   2004-11-09 4:13:42 PM  

#1  During the campaign, AlGore's endorsement was a leading indicator of failure. Wonder if he has the same "magic touch" picking stocks?
Posted by: Mike   2004-11-09 4:00:21 PM  

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