Can Moving Your Money Make a Difference? Stacy Mitchell on KALW

Date: 22 Feb 2010 | posted in: Banking | 0 Facebooktwitterredditmail

Stacy Mitchell, senior researcher for ILSR, joins Rick Hoffstetter, the President and CEO of Lighthouse Bank to discuss the national Move Your Money campaign on KALW in San Francisco.

The "Move Your Money" movement calls on people to take their deposits out of the big banks and put them in smaller banks that work at the community level. How much money would have to move to significantly bolster the small banks? 

View the Program page on KALW

Can Moving Your Money Make a Difference? Stacy Mitchell on KALW

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Stacy Mitchell is co-director of the Institute for Local Self-Reliance, and directs its Independent Business Initiative, which partners with a wide range of allies to implement policies that counter concentrated power and strengthen local economies.