Big banks: Too big to behave?
March 12, 2012: 10:28 AM ET
Given the level of repeat offenses at some of the largest financial firms, it's clear that the SEC needs to change its approach. By Eleanor Bloxham, CEO of The Value Alliance and Corporate Governance Alliance.
Minority banks are struggling, even with bailouts
March 11, 2012. By Beth Healy, The Boston Globe.
OneUnited Bank is facing a painful question: What purpose can a minority institution serve when its own community is turning against it?
That’s the situation the Boston bank, the nation’s largest black-owned bank, finds itself in after threatening to foreclose on Charles Street African Methodist Episcopal Church, one of the most revered black churches in Boston, which, like many borrowers, fell behind on its loans during the recent recession. Community leaders vow to organize a national boycott of the bank if it fails to renegotiate the church’s loans by Thursday.
March 12, 2012: 10:28 AM ET
Given the level of repeat offenses at some of the largest financial firms, it's clear that the SEC needs to change its approach. By Eleanor Bloxham, CEO of The Value Alliance and Corporate Governance Alliance.
Minority banks are struggling, even with bailouts
March 11, 2012. By Beth Healy, The Boston Globe.
OneUnited Bank is facing a painful question: What purpose can a minority institution serve when its own community is turning against it?
That’s the situation the Boston bank, the nation’s largest black-owned bank, finds itself in after threatening to foreclose on Charles Street African Methodist Episcopal Church, one of the most revered black churches in Boston, which, like many borrowers, fell behind on its loans during the recent recession. Community leaders vow to organize a national boycott of the bank if it fails to renegotiate the church’s loans by Thursday.