Karma Banque in the News
Here's what the press is saying about Karma Banque. We're kinda new so there's not much, but keep checking in. After all our crazy publicity stunts (not really), there should be a bunch of good stuff. And, if you're a member of the press and want to talk to us, or just buy us a croque monsieur, contact us now!
Greenpeace.org -- June 4, 2003
The boycott was invented in 1880 in Ireland. It's been a staple of labour, human rights, and environmental activism ever since, in basically the same form as when a group of Irish tenants refused to sell to, buy from, or otherwise deal with an English landowner, Capt. Charles Cunningham Boycott, because of his eviction policies. Well-run boycotts have been successful in enforcing government and corporate responsibility for more than a century. But if Max Keiser and Stacy Herbert have their way, the traditional boycott is going to make room for a new and improved formula: the internet-enabled, market-savvy, hedge-fund leveraged "smart boycott." It's the founding concept behind a new web community called "Karmabanque."
Greenpeace Blog -- April 8, 2003
We had a blue sky lunch the other day with Max Keiser and Stacy Herbert. Max is one of our cyberactivists and the two of them are running Karmabanque, a site dedicated to smart boycotts. They were in Amsterdam on their way to the Hague, where Stacy would film Max's attempts to turn himself in as a war criminal for being an American taxpayer, and therefore complicit with the illegal invasion of Iraq.
CBS MarketWatch -- December 26, 2002
by Barbara Kollmeyer
It's one thing to shun companies that display little social conscience, and another to invest in those that show a lot. But if you're really on a crusade, you could actually go on the offensive. Web site Karma Banque encourages protesters of the world to hit offending companies not with sticks and stones, but where it really hurts -- their stock prices.
Greenpeace Magazine -- September, 2002
by Michael Friedrich
KARMA BANQUE offers a radical, new protest platform on the Internet. Socially and ecologically irresponsible multinationals will be forced to change - with the weapons of the stock market.
VentureReporter.net -- July 19, 2002
by Rafat Ali
Time was when crossing the picket line was considered the pre-eminent form of activism. Then came the 60s and things changed. Every era since then has been defined and benchmarked against the social flurry of the flower power era. Every decade since then has brought some new form of protest. The nineties, for example, were marked by the anti-globalization protests in Seattle. But how will social activism now evolve in the post-millennial Internet savvy generation? Enter "Karma Capitalism."
HollywoodNews.com -- August 27, 2002
by Alex Ben Block
Alec Baldwin is once again supporting his longtime friend Max Keiser in the entrepreneur’s latest project -- Karma Banque, which bills itself as a web site for political activists who want to combine the civil disobedience of Gandhi with the financial savvy of George Soros to help change the economic and political landscape of the world.