Author Archives | Craig Barnes
Craig Barnes is a former civil rights lawyer, international negotiator and author of Democracy at the Crossroads. He is the founder of We Are People Here!, a non-profit dedicated to reviving democracy. He lives with his wife Mikaela in Santa Fe.
Bringing Democracy to Banking
Inequality has returned to the United States. Americans are now faced, not only with huge disadvantages in economic competition; politically, we are faced with the rise of a new ruling class. This year's elections will feature cascades of money from billionaires, dwarfing the contributions of individuals for whom politics used to be, but no longer is, a way to seek revival.
Community banks, locally owned banks, banks that had a direct relationship to the communities that they served, are becoming an endangered species while the big five banks no longer know the names of the families or businesses, the borrowers that they have packaged together in Collateralized Debt Obligations...
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15. September 2014
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