Imagine A Not Evil Bank

Published: April 7, 2018, 4 p.m.

Trinity and David from Divest LA and Public Bank LA sat down to talk about the push for a public bank in the city of Los Angeles. After the meltdown in 2008 an incredible amount of malfeasance was uncovered, and almost none of it has been completely stopped. The Wells Fargo scandals, and there were many, spurred the city of Los Angeles to divest millions from Wells Fargo and showed the strength of community movements in pushing for definitive action. Activists driven by the struggle at Standing Rock have continued their push for financial reform. Faced with the idea that only large "too big to fail" banks were the only one capable of handling finances for the city they aimed higher by leading the push to create a public bank in the city of LA and supporting local movements across the country.\n\nTo learn more about public banking check out PublicBankingInstitute.org\n\nand to learn more about Divest LA and Revolution LA head over to RevolutionLA.org