A recent story covered by BBC News featured engineer and entrepreneur Brian Rice, who wanted to invest in his hometown of Birmingham, Alabama. Despite having enough cash to purchase eight buildings and a solid credit score, Rice was unable to secure the financing he needed to upgrade the properties. His conversation with Dr. Amara Enyia, founder of the Institute for Cooperative Economics and Economic Innovation and PBI Advisory Board Member, sheds important light on ongoing systemic discriminatory banking practices and how public banks could make a difference.
Watch on YouTube: PBI LIVE Ep2: Public banks vs. redlining
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