PODCAST: Think of it as a conscious uncoupling
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EBay decides it’s time for PayPal to be pushed back out of the nest: There’s news this morning that the auction company eBay will spin off its payment system, PayPal. Plus, tomorrow is the first of October, one year since the rollout of Healthcare.gov, and the texture of health care in America is changing. For instance, there’s been disruption in the old pattern of health care providers sending bills and the insurance companies paying their portion. Now, some insurers are tying what they pay to how well the doctors, hospitals and labs are doing their jobs. And call it social and environmental investing, call it impact investing, applying our personal values to our portfolios is not a new idea. One big example in the 1980s was college students forcing their universities to sell their stakes in companies that did business with apartheid South Africa. But now some influential countries have come together to recommend that governments help impact investing become an even more powerful force for making the world a better place.
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