From Wall Street to Main Street

From Wall Street to Main Street

A Case for Community Banking

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From Wall Street to Main Street: A Case in Community Banking
5/1/2014---With a growing number of municipalities declaring bankruptcy, we will look into why the United States, unlike other developed nations, has no public infrastructure banks and so few state and community banks. Dennis Kelleher is the president and CEO of the Wall Street watchdog group Better Markets, Inc., a nonprofit that promotes the public interest in global financial markets. Wallace Turbeville is a senior fellow at Demos and was previously an investment banker at Goldman Sachs who has testified on financial reform issues before the Permanent Subcommittee on Investigations of the U.S. Senate and the House Financial Services Committee (Run time: 1 hr 30 minutes).

With a growing number of municipalities declaring bankruptcy, we will look into why the United States, unlike other developed nations, has no public infrastructure banks and so few state and community banks. Dennis Kelleher is the president and CEO of the Wall Street watchdog group Better Markets, Inc., a nonprofit that promotes the public interest in global financial markets. Wallace Turbeville is a senior fellow at Demos and was previously an investment banker at Goldman Sachs who has testified on financial reform issues before the Permanent Subcommittee on Investigations of the U.S. Senate and the House Financial Services Committee.

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