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The California County That's Leading the Way in Cutting the Banks Out of Its Economy (xpost from CA)
http://www.alternet.org/economy/california-county-thats-leading-way-cutting-banks-out-its-economyWhat exactly does it mean for a big Wall Street bank to plead guilty to a serious crime? Right now, practically nothing.
But it will if California’s Santa Cruz County has any say....
The county’s board of supervisors just voted not to do business for five years with any of the five banks felons.
The county won’t use the banks’ investment services or buy their commercial paper, and will pull its money out of the banks to the extent it can.
But it will if California’s Santa Cruz County has any say....
The county’s board of supervisors just voted not to do business for five years with any of the five banks felons.
The county won’t use the banks’ investment services or buy their commercial paper, and will pull its money out of the banks to the extent it can.
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