Wall Street’s biggest banks remain “too big to fail,” thanks in part to their recently legalized ability to seize depositors’ assets if another crisis should hit. Bruce Robinson talks with banking industry critic Ellen Brown.
Local credit unions are a popular alternative to big commercial banks for many households and small businesses, Brown agrees, but they also have limitations.
Ellen Brown, whose new book is The Public Bank Solution, from Debt to Abundance is one of the featured speakers at “Funding the New Economy,” the 2013 Public Banking Conference being held June 2-4 at Dominican University in San Rafael. The event is hosted by the Sonoma-based Public Banking Institute.