Intercontinental Exchange Inc details staff cuts at Chicago Climate Exchange

Reuters via Chicago Breaking News 11/2/2010

Intercontinental Exchange Inc. is shedding some 40 employees from its U.S. environment bourse Chicago Climate Exchange (CCX) by the end of the year, with further cuts in 2011, ICE’s chief financial officer said. “We had about 66 people when we bought the company. I think we’ll be closer to […]

The $10 Trillion Climate Fraud

Investor’s Business Daily 4/28/2010

Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a climate trading scheme being run out of the Chicago Climate Exchange would make Bernie Madoff blush. Its trail leads to the White House.

Al Gore is co-founder of an investment management firm that is now the fifth-largest shareholder in […]

Barbara Hollingsworth: Fannie Mae owns patent on residential ‘cap and trade’ exchange

Barbara Hollingsworth Washington Examiner 4/20/2010

When he wasn’t busy helping create a $127 billion mess for taxpayers to clean up, former Fannie Mae Chief Executive Officer Franklin Raines, two of his top underlings and select individuals in the “green” movement were inventing a patented system to trade residential carbon credits.

Patent No. 6904336 was approved […]