David Henderson on Deutsche Bank
Dec 24, 2010
Bishop Hill in Climate: Surface, Climate: WG3, Energy

I'd forgotten to post this up a week or so back - David Henderson's article in the Financial Post about Deutsche Bank getting into the political activism game and the questions this should raise for their investors.

For any organization of standing, not least a leading multinational company such as Deutsche Bank, an obvious aspect of responsible conduct is a demonstrated concern for accuracy and the truth. The bank’s management board could now manifest such a concern, first, by commissioning an independent and informed review of this report, and second, by withdrawing and repudiating the report if the review supports McKitrick’s analysis.

There is also Terence Corcoran's take on the same affair.

As Mr. Henderson puts it, the Deutsche report on climate skeptics has been rendered worthless as a guide to the science and for investors. It also betrays a larger issue, which is a corporate role on the part of Deutsche Bank that makes Exxon look like a Boy Scout.

Article originally appeared on (http://www.bishop-hill.net/).
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