November 10 2014

Goldman Sachs’ enthusiasm of SIBs remains a two-edged sword for development of the sector which gives those on the fiscally illiterate left a chance to fight the scheme (when alas all they are doing is harming the welfare of the people in an age where government has already spent as much as it can afford…and a lot lot more). Welcome to today’s SIB News with stories today from the city and state sides of Lake Michigan…

Casting A Skeptical Eye On Goldman Sachs’ Preschool SIB Program In Chicago
Rick Cohen – NPQ

As the accolades for Social Impact Bonds flow in, a few voices here and there are a bit skeptical about the Wall Street enthusiasm for this relatively untested financial instrument.

State Of Michigan Social Impact Bonds – Pay For Success Based Financing
ID MARCH

Response from Starfish Family Services – this brief explores the major reasons for including proven early childhood and parent education services as a candidate for a PFS model.