Bond markets worried about the Fed

The SEC “prepares the ground, send a signal that we are no longer in an administration where ‘climate change’ is a banned term,” Hall said. “It’s a flare to let people know that new disclosure rules are coming to the pike.” He said he expects Democrats to push Mr. Gensler to adopt specific disclosure requirements, while Republicans are likely to push for a looser, principles-based system that gives companies leeway. additional maneuver.

This is an important statement and a company can see as an opportunity,” according to Wes Bricker of PwC, former chief accountant at the SEC. Bricker said he believes many companies have already exceeded the requirements of the old framework, meeting growing market demands. for more transparency on their environmental impact. For companies that aren’t there yet, the SEC’s announcement is a reminder of where things are headed.

In “Crisis,” a new film about the disaster of opioid addiction from writer and director Nicholas Jarecki, three intertwined stories offer starkly different perspectives. Together, they show how basically decent people — doctors, police, academics, government scientists, parents, children, sufferers, and pharmaceutical executives — can make bad decisions in a subtly corrupt system. DealBook spoke with Mr. Jarecki about the film, which hits theaters today and airs next Friday. (The interview has been edited and condensed for clarity).

Why this topic?

I had a friend who started using opioids many years ago and passed away. It was confusing. Nobody understood. How did it happen? It turns out that opioids affect people very differently, and the pills were far more addictive than the drugmakers admitted. Meanwhile, doctors are over-prescribing, encouraged by pharmaceutical companies. We are used to demonizing drug addicts, although over the past 10 years awareness of these issues has increased. Yet people are dying as we speak.

Gary Oldman plays a professor who accidentally discovers the truth. Is he a good guy?

He is compromised. I like characters that are in conflict because life is really more in the gray areas. Gary’s character is almost a type of buffer for a pharmaceutical company because I’ve found in my research that routine lab work for corporations can bring in a lot of money for schools, which suggests an inherent conflict. The professor is caught up in this. His boss says, “Do we really want to rock the boat?” He is not sure. But his actions, his dealings with the university, the government and the pharmaceutical company, have ramifications for other characters.

Do you blame the companies?

There’s no villain in this movie sitting in a corporate boardroom thinking about how to kill people. But I like to watch institutional dysfunction and systemic corruption. I’m fascinated by the role of money in American society, by how well-meaning people can be perverted by financial incentives. The question then becomes whether there are adequate safeguards and regulations and what is our responsibility to change things.

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