This story comes courtesy of The City Maven on Monday, February 27.
By Alice M. Walton
A proposal that would require financial institutions doin...
Read Whole Story
The mayor, council and taxpayers need access to information about a bank's lending activity -- the good and the bad -- so we can make better decisions about who we give our business to in the future.
It is unwise for a city like L.A. to focus on a narrow band of criteria when it comes to identifying which banking and financial institutions to do business with. The City needs to see bank responsibility as a holistic picture.
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Learn more.