Understanding DreamFutures Contracts, Securities & Markets: (with a small mention of the Manti Te'o Social Impact Bonds)
Book Details
Author(s)Guillermo MacLean
ISBN / ASIN1494430479
ISBN-139781494430474
AvailabilityUsually ships in 24 hours
Sales Rank981,777
MarketplaceUnited States 🇺🇸
Description
The first half of this book is ultimately a very positive story but it takes you on one man's deeply personal and dramatic seven-year journey through Wall Street (Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs, Morgan Stanley...), Main Street, the wilderness, human psychology, Corporations, Foundations, the social sector, multilateral and development agencies and Governments and the odds he faced to bring about a simple but major breakthrough financial innovation for a better world: The skepticism, politics, envy, scandals, financial meltdown, fraud, sexual harassment, bullying, lies and pettiness. The negatives lose as he proves that through the use of DreamFutures there is in effect an untapped natural Global Endowment that he estimates in the $10 Trillion of previously inexistent capital for new jobs, creative talent and new infrastructure to be exclusively focused on improving quality of life in our societies, and make certain ills extinct in our world. Ironically, the same financial markets that took the world to the brink of collapse may be an unexpected avenue to make this happen, under the right conditions. Alternatively, a new breed of more savvy entities will take their place. The Future is as beautiful as you, we want it to be. The second half of the book aims to be a starter guide of how you, Financial Advisors, Corporate Strategists, Advertisers, Investment Bankers, Governments, Foundations, Specialty Insurers, Students, Programmers, and/or their clients can Issue your/their own DreamFutures to unleash the power of the entire financial system for a better world you/they want to live in. KEY CONCEPTS A DreamFuture is a simple and transparent capital markets-based type of security, with payout linked to the accomplishment of any ambitious, specific, measureable social or environmental milestones or Goals Risk and Complexity is Transferred from those who wish positive change but simplicity (i.e. pay only for success, with no risk of failure, and no need to micromanage operations) TO those willing to accept the risks and complexity in return for reasonable expectations of market- based returns on investment Who makes a DreamFuture Security Happen: * ISSUERS * INTERMEDIARIES, STRUCTURERS, and INDEPENDENT CALCULATION AGENTS, securitize content and take it to market * INVESTORS, and post-launch * MARKET MAKERS aka. Secondary investors Value Proposition to ISSUERS: Powerful Simplicity and low-risk commitment to reach a desired Dream Value proposition to INVESTORS: Stand-alone returns, portfolio diversification and/or purely philanthropic rewards ("purchasing of a better world") Resources to make a Dream into a Reality: Estimated trillions of dollars in untapped capital can be unlocked for new jobs and specialized talent and new creativity - DOERS - to be exclusively focused on high-impact improvement in quality of life inour societies Pioneering & Early adoption in all Segments: From individuals to foundations, governments, corporations and others. Opinion leaders in business, finance, social entrepreneurship, philanthropy and government praise this as an important and highly promising practice for a new era of higher human achievement The "new, new thing" is social impact bonds. In the last two years, for example, the Stanford Social Innovation Review has published more than 50 articles about them, and in 2011 the term was one of the top ten philanthropy buzzwords. Huge numbers, like $600 billion of potential investment, get bandied about. - US News DreamFutures (ContratosPromesa) among the list of top 49 innovations in the history of Peru - SemanaEconomica Barack Obama imports a big idea from Britain - The Economist The most exciting 0.003% of Obama's Budget: - FastCompany With a DreamFuture you can "buy" yourself the world you have always dreamed of... Incredible to think Capital Markets can actually be put to work exclusively to produce such good... Magazine PODER

