by Anthony Colombo | Oct 26, 2016 | New LTE
I am so proud to be a citizen of Santa Fe, and on the cutting edge of a new movement — to harness the mighty power of finance to benefit all of our citizens, instead of padding Wall Street’s bottom line. An independent study has concluded that a publicly owned city...
by Anthony Colombo | Oct 26, 2016 | National, New Jersey, News, Public Bank, Public Banking
Joan Bartl believes taxpayer-owned financial institution would be ‘logical and practical’ because of the state’s ‘significant fiscal problems’ Who she is: Joan Bartl, state coordinator in New Jersey for the nonprofit Public Banking Institute. Where she calls...
by Anthony Colombo | Oct 23, 2016 | New LTE
How can the city of Santa Fe continue to do business with Wells Fargo after it’s now been exposed as a criminal organization? If this latest outrage by yet another big bank isn’t enough proof of a need for a city-owned public bank, what is? The state of North Dakota...
by Anthony Colombo | Oct 20, 2016 | National, News
SACRAMENTO, Calif. (AP) — California’s attorney general is conducting a criminal investigation into whether employees at San Francisco-based Wells Fargo bank stole customers’ identities in the sales practices scandal that rocked the bank and cost its CEO...
by Anthony Colombo | Oct 9, 2016 | New LTE
The recent shenanigans at Wells Fargo Bank add yet more ballast to the proposal to create a city-owned public bank in Santa Fe. We as city citizens and taxpayers are in effect underwriting Wells Fargo’s crooked dealings, because the city of Santa Fe banks with Wells...