by Anthony Colombo | Feb 22, 2015 | Local Economies, News, Public Banking
By Ellen Brown, Web of Debt, Posted on Feb 12, 2015 In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned bank, “is more profitable than Goldman Sachs Group Inc., has a better credit rating than J.P....
by Anthony Colombo | Feb 14, 2015 | Environment, Local Economies, News, Public Banking
Banking on the Environment A growing movement in Boulder sees public banking as the answer to a greener future By Caitlin Rockett Boulder Weekly, Thursday, February 5, 2015 Banking might not seem like the answer to a healthier environment, but there’s a growing...
by Anthony Colombo | Dec 20, 2014 | Commercial Banking, Local Economies, News, Print Media, Public Banking, Small Business
While many of us understand the importance and benefit of public banks for stimulating local economies, there are many who have the opposite point-of-view and can present arguments that are reasonable, given their set of assumptions. It is important that we understand...
by Anthony Colombo | Nov 20, 2014 | Local Economies, News, Public Banking
In an article in The Wall Street Journal dated November 16, 2014 and entitled Shale Boom Helps North Dakota Bank Earn Returns Goldman Would Envy, Chester Dawson relates a largely factually correct representation of the Bank of North Dakota. However, the interpretation...
by Anthony Colombo | Nov 19, 2014 | Commercial Banking, Local Economies, News, Print Media, Public Banking, Small Business
One of the major roles of the Bank of North Dakota (BND) is to support small businesses within the state. This story, which was in the New York Times Blog, You’re the Boss — The Art of Running a Small Business on March 13, 2014, gives some detail about how...
by Anthony Colombo | Oct 11, 2014 | Local Economies, News, Public Banking
The City of Santa Fe issued a Request for Qualifications (RFQ) in August of this year to study the feasibility of establishing a public bank for the city (see City of Santa Fe issues RFQ to study a public bank). As outlined in the following article from today’s...