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New York Fed Board Move Tone-Deaf on Public Service

American Banker By Orson Aguilar – Executive Director, The Greenlining Institute Correction: An earlier version of this story misstated the total amount of combined Tarp funds received by Citigroup, Bank of America, JPMorgan Chase and Goldman Sachs. It is $105…
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CRA Update: Byproduct of Broader Regulation Reform?

BYLINE: Stacy Kaper WASHINGTON – The drive to revamp the regulatory system could breathe new life into a long-simmering effort to modernize the Community Reinvestment Act. Advocates who have long sought to expand and deepen the 32-year-old law that requires…
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The War on Philanthropy

By David Billet He is a kind of Society for th’ Prevention of Croolty to Money. If he finds a man misusin’ his money, he takes it away fr’m him an’ adopts it. —MR. DOOLEY Charity is said to be…
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Study Reveals Lack of Board Diversity

Patricia Marroquin–HispanicBusiness.com A new report states it in black and white: Color is lacking on the boards of directors of the 46 largest independent foundations in the United States. The Greenlining Institute has found that although a quarter of all…
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Providing Cellphones for the Poor

NYtimes.com By MATT RICHTEL John Cobb, 59, a former commercial fisherman who is disabled with cirrhosis of the liver and emphysema, lives in a studio apartment in Greensboro, N.C., on a fixed monthly income of $674. He has been hoping…
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Viewpoint: New Financial Values for Bankers and Consumers

American Banker  |  Wednesday, May 27, 2009 By Orson Aguilar and J. Alfred Smith Jr. A major transformation in banking is revolutionizing America’s approach to financial literacy. Some financial institutions, to their credit, such as Citigroup, have expended hundreds of…
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Foundations Lack Board Diversity, Says Report

The Chronicle of Philanthropy By Ian Wilhelm Foundations are failing to recruit diverse board leadership, with Hispanics being the most under represented compared to their growing number in American society, according to a new report.
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