A Bank with Some Character
An article in today’s Washington Times mentions that BB&T, the second largest bank in the DC area has publicly stated that they will not fund projects by developers who plan to build on property taken from private citizens through eminent domain. This is a great first step. Whatever the underlying motives of the bank are, this sends a clear message to customers and governments in the area. Where do the other banks that fund the DC development market stand? If you bank in the DC area, perhaps you should ask your bank where they stand on the issue.
http://www.washtimes.com/business/20060126-122358-6764r.htm
