Is going "postal" the way forward for U.S. banks?

Monday, October 06, 2008

The U.S. economy's troubled banking sector is under fire. Investments banks are being absorbed by commercial banks and Americans are afraid for their money. Michael Lind, a fellow at the New America foundation, has a solution: postal banks — small banks set up through your local post office. These banks once were a key part of the U.S. banking sector. Can they be once more?

Guest: Michael Lind, a fellow at the New America Foundation, where he directs the American Infrastructure Initiative.

Contributors:

Noel King

Comments [1]

Liam

Any system might be good if our pols and suits are ethical. Take that away!

Oct. 06 2008 08:53 AM

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