Social Entrepreneur: Conscious Companies | Benefit Corporations | Impact Investing

Confidence in many institutions has been falling – Congress, churches, and, financial institutions. More than 90% of Americans surveyed do not trust the Financial Services industry to have their best interests in mind. And, it’s no wonder. When I say Financial Services, what images come to mind? For many people, they think of scenes from the financial crisis that began in 2008. They can see massive layoffs, failing businesses and millions of foreclosed homes. What they don’t picture is, financial institutions reaping the consequences of their misbehavior. There were no Bernie Madoff-style perp walks or massive fines. Barclay’s bought Lehman Brothers. Bank of America bought Merrill Lynch. Wells Fargo took Wachovia. And the band played on. For many investors, the game seems rigged to serve a small number of financially affluent people. In this episode of Social Entrepreneur, you’ll meet Joe Sanberg. When Joe was nearing graduation from high school, the bank foreclosed on the mortgage of his parents’ home. The h