New Investment Book, UP FROM WALL STREET Draws Strong Support from Labor

PR Log (Press Release) – Dec 01, 2009 – Thomas Croft, a thirty-year veteran of pension investment strategies with a unique labor perspective on capital markets, recently launched his acclaimed new book, UP FROM WALL STREET:  The Responsible Investment Alternative at a recent Washington D.C. conference together with labor leaders Richard L. Trumka, who wrote the book’s foreword, and Leo W. Gerard.

His book provides the tools we need to start a new conversation with capital stewards and financial advisors—those managing our $24 trillion in institutional assets and retirement savings.

In clear language, full of concrete examples of real results, he reaches beyond the
conventional wisdom that did us in to reveal some sound, proven strategies for responsible investment.

UP FROM WALL STREET highlights...
· The practicality of investing in new, diverse areas like advanced manufacturing, affordable housing, renewable energy and efficient transportation;

· The principles of Economically-Targeted Investments (ETIs) that fill capital gaps in areas from real estate and venture capital to private debt placement and

· The plunder of our pensions by Wall Street and how to ensure it is never repeated.

Through compelling, in-depth case studies and investment fund profiles from coast to coast, Croft shows how the responsible investment (RI) of retirement and savings assets is being targeted to generate specific social, economic and environmental benefits as part of sustainable financial returns.

His strategies are already gaining traction among labor leaders like Gerard and Trumka, investment experts and economic policy leaders including former New York City Budget Commissioner Carol O’Cleireacain and foundation leaders like the Heinz Endowments.


ABOUT THE AUTHOR
THOMAS CROFT is an international expert on innovative capital strategies and jobs-oriented economic revitalization strategies.  He serves as Director of the Heartland Network, which monitors the economy and tracks developments in the alternative pension field.

In addition to writing UP FROM WALL STREET: The Responsible Investment Alternative, he commissioned Working Capital: The Power of Labor's Pensions (Cornell University Press, 2001). Croft is Executive Director of the Steel Valley Authority (SVA), a growing regional development authority in Pennsylvania.

UP FROM WALL STREET:
The Responsible Investment Alternative
Cosimo Books, September 2009
Business & Economics/ Personal Finance-Investing
ISBN: 9781605209258
Paperback, 268pp, US$19.95 / £13.99

ABOUT COSIMO BOOKS
Cosimo Books, based in New York, is an imprint of Cosimo, Inc., a specialty publisher of books and publications that inspire, inform, and engage readers. Cosimo’s mission is to offer unique books to niche audiences around the world.

Always available at online bookstores. Visit cosimobooks.com