In part five of our series on public banking, S. L. Mintz considers several public financing models. “But before embracing public banks’ promise of low cost funding, advancement of local priorities and welcome returns on investment,” he says, “informed taxpayers should weigh risks that can derail good intentions.”
April 19, 20180/
This post, part four in the series on public banking, takes us to Michigan where a public banking bill has received bipartisan support, but one critic there has serious concerns.
February 21, 20180/
Public banking is common sense says the former global co-head of investment management for Goldman Sachs, who put himself through Harvard and earned his MBA from the Wharton School at the University of Pennsylvania.
October 1, 20170/
When residents of Yorba Linda and Placienta, California, approved a $200 million school construction bond, they got a nasty surprise. “Just one $22 million borrowing from 2011 will cost taxpayers nearly 13 times that amount — $280 million — to repay,” the Orange County Register reported in 2015.
May 30, 20170/