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Oblate to attend 2010 International AIDS Conference July 14th, 2010
The XVIII International AIDS Conference is taking place in Vienna from July 18-23, 2010 . The Conference is a major gathering of those working in the field of HIV, government leaders, persons living with HIV and other individuals committed to ending the AIDS pandemic. It is convened by the International AIDS Society (IAS), in partnership with government, scientific and civil society partners in Austria, as well as international partners from civil society and the United Nations. It is a chance to assess the current state of affairs, evaluate recent scientific developments and lessons learnt, and collectively chart a course forward.
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Seamus Finn, OMI on Nightly Business Report: Discusses Impact of Derivatives on the Poor June 7th, 2010
Fr. Seamus Finn’s work on derivatives is profiled on PBS’s Nightly Business Report.
Watch the Nightly Business Report from June 7, 2010…
How does
the financial system affect the poorest of the poor? Watch the June 7th issue of the Nightly Business Report for a segment on faith-based investors and efforts to rein in the derivatives market – a cause of the recent instability that has affected nearly everyone.
In an interview with Darren Gersh, Seamus Finn, OMI clearly draws the connections between decisions made by bankers and the lives of the poor. Fr. Finn talks about the need for greater disclosure of derivative risk – disclosure that a significant number of other shareholders have favored in recent Resolutions with Citibank, JP Morgan Chase, and Goldman Sachs. Up next is legislation on Capitol Hill that could force banks to spin off their derivatives business.
Watch the Nightly Business Report from June 7, 2010 on Vimeo…
Daniel LeBlanc, OMI Gives Briefing on Climate Change Conference at UN June 4th, 2010
Daniel LeBlanc, OMI gave a June 3rd briefing at the International Catholic Organizations Network (ICON) on the people’s climate change conference held last month in Bolivia . Titled the “World’s People Conference on Climate Change and The Rights of Mother Earth,” the gathering of some 35,000 civil society representatives was designed to send a strong message to governments that action is needed now to prevent a global climate disaster.
Later the same day he gave a report on the conference to the NGO Committee on Sustainable Development, of which he is an active member.
Daniel LeBlanc, OMI was representing VIVAT International at the conference. He is a newly elected Board Member of ICON.
Seamus Finn, OMI and Faith Consistent Investing Profiled in the Huffington Post May 27th, 2010
Fr. Seamus Finn, Director of the Oblate JPIC Office, along with three other ICCR members, will soon appear on The Daily Show, highlighting their work on banking and financial sector reform. Read this fine profile on Fr. Seamus in the Huffington Post written by Katherine Marshall, Senior Fellow at the Berkley Center for Religion, Peace, and World Affairs at Georgetown University: Mission Improbable: Priests on Wall Street.
Fr. Seamus Finn Speaks at Socially Responsible Investment Coalition April 29th, 2010
On April 28, Fr. Seamus Finn was a panelist at the annual Socially Responsible Investments Coalition Annual Event held at the Oblate Grotto Ministries Center in San Antonio, Texas. The discussion panel on current events was titled “Care, Climate and Cash.” It included Alyssa Burgin, founder of the Texas Drought Project, who spoke about specific consequences of climate change in Texas and around the world, as well as Donna Meyer of CHRISTUS Health who spoke about the recently passed health care bill.
Fr. Seamus spoke of the progress made recently by ICCR in pressing for socially responsible investment policies with corporations. He highlighted the much-higher-than expected 39 percent vote at Bank of America earlier in the day in support of the religious shareholders’ proxy resolution on derivatives filed by the Missionary Oblates. The Resolution calls for greater disclosure on derivatives trading on Wall Street. This surprising response from Bank of America shareholders and those of Citicorp, where a strong vote of support was also registered for a similar Resolution led to invitations from EWTN and the Daily Show. (Learn more)
Fr. Seamus also talked about responsible investment in the light of Pope Benedict XVI’s encyclical “Caritas in Veritate”. As most of the 100 plus members of the audience were members of Catholic religious orders and church activists, the articulation of the moral, spiritual foundation of work for financial reform and other socially responsible investment work was much appreciated. Fr. Seamus ended with a plea to broaden our thinking and awareness so we see that actions taken in the world of finances and investments have implications not only for people in the United States, but consequences for the entire world.
Thanks to Patti Radle who supplied the material for this report.
