Banking Industry

For far too long, brokers have been selling their older clients complex investments known as structured products. These products are so risky, and so costly in fees, that some of them are almost sure money losers. They entered retirement portfolios like Trojan horses, and then destroyed people’s...
05/17/2011
Publication
Maine can put deposits of state tax revenue to use in ways that tilt the economic playing field back toward Main Street businesses, our community banks, and long-term job growth. A Maine Street Economic Development Bank—like the successful Bank of North Dakota—will generate new revenue for Maine,...
05/03/2011
Publication
How Main Street Partnership Banks Can Improve Local Economies
04/21/2011
Data Byte
Across the country, states are considering proposals to move general revenue deposits out of the Wall Street banks that dominate the banking business today, and use them to capitalize a new local public structure with a mission to grow the local economy. A “Main Street Partnership Bank” would be...
04/21/2011
Publication
Washington can put deposits of state tax revenue to use in ways that tilt the economic playing field back toward Main Street businesses and our community banks, local infrastructure investments and long-term job growth. A Washington Investment Trust—like the successful Bank of North Dakota—will...
04/14/2011
Publication
Summary Hawaii can put deposits of our state tax revenue to use in ways that create local jobs by tilting the economic playing field back toward our neighborhood businesses and state-chartered and community banks. A Hawaii Partnership Bank—like the successful Bank of North Dakota—will generate new...
04/05/2011
Publication
Read the full policy paper Would the Virtual State Bank compete with community banks? No. The Virtual State Bank would partner with community banks to help expand their lending markets. In fact, the VSB would be statutorily prohibited from retail operations. Why does Oregon need a Virtual State...
03/29/2011
Publication
SUMMARY Oregon can put its public funds to use in a way that creates jobs and tilts the economic playing field back toward Main Street businesses, family farms, and our community banks. A Virtual State Bank (VSB), based on the principles of the successful Bank of North Dakota, will raise revenue...
03/29/2011
Publication
Summary: Maryland can put state deposits to use in ways that tilt the economic playing field back toward Main Street businesses, our community banks, and long-term job growth. A Maryland Partnership Bank (like the successful Bank of North Dakota) will generate new revenue for Maryland, save local...
03/03/2011
Publication
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01/05/2011
Video
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