“Grade Inflation” Widespread in CRA Reviews, Greenlining Institute Charges

Contact: Bruce Mirken, Greenlining Institute Media Relations Director, 510-926-4022; 415-846-7758 (cell) WASHINGTON – Federal bank regulators increasingly look the other way when major banks’ CRA reviews show low performance on lending, investments or services, allowing bank mergers that aren’t in the public interest…
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Greenlining Institute Reiterates Opposition to Merger of PacWest and CapitalSource

Contact: Bruce Mirken, Greenlining Institute Media Relations Director, 510-926-4022; 415-846-7758 (cell) BERKELEY, CALIFORNIA – In a letter to federal bank regulators, The Greenlining Institute has restated its opposition to the proposed acquisition of CapitalSource Bank by Pacific Western, despite modest efforts by PacWest to…
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