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SHELL AND GOLDMAN SACHS GET THE 2013 SHAME AWARDS AT DAVOS

Posted by Wilf MOUND - 27 January 2013 at 8:35pm - Comments
SHAME AWARDS DAVOS 2013
All rights reserved. Credit: GREENPEACE
Kumi Naidoo, Greenpeace International Executive Director awards the Public Eye "shame award", to Shell.

 Blogpost by Greenpeace - January 24, 2013 at 12:33 Leave a comment

Davos, Switzerland, January 24, 2013

Along with the completion today of the World Economic Forum (WEF) , Greenpeace Switzerland and the Berne Declaration (BD) had Kumi Naidoo Executive Director of GREENPEACE INTERNATIONAL present the Public Eye Awards ( "Public Eye" ) to report the especially egregious cases of corporate greed for profit and serious environmental damage.

This year Goldman Sachs U.S.  received the Jury Prize.

The audience award went, with a wide margin of victory, to the Shell oil company, according to the wishes of 41,800 online voters. As guest stars in the Davos press conference were: the author, economist and former banking regulator William K. Professor Black and renowned business ethicist Dr Ulrich Thielemann. Greenpeace Switzerland and the BD introduced the Public Eye Awards 2013 with two companies whose social and environmental misdeeds demonstrate the downside of globalization.

Goldman Sachs is a key player in the economic globalization but promotes the benefit of the few at the expense of inequality and impoverishment of large sectors of the population. Andreas Missbach, financial expert of the Berne Declaration, said about it: "Goldman derivatives agreements insisted the future of the Greek people . Moreover, Goldman Sachs executives are masters of the revolving door: which ensures  business through changes in the political and public spheres" .

Michael Baumgartner, president of the Public Eye Awards jury, adding: "Not only is Goldman Sachs  one of the main winners of the financial crisis, the bank is also a key player in the game of raw materials hasentered into these markets to achieve a new source of revenue and destabilize material prices premiums. When food prices break all records, as in 2008, millions of people are into hunger and misery " [ENDS]

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