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re: Killer Mike's new Black-owned bank receives 'tens of thousands' of account requests

Posted on 10/11/20 at 10:05 pm to
Posted by ThePoo
Work
Member since Jan 2007
60616 posts
Posted on 10/11/20 at 10:05 pm to
If something like this could be done right (unlikely) I actually don’t hate the idea. It would show some actual concrete initiative to at least attempt to improve inner cities and maybe encourage small business ownership, entrepreneurship, and self initiative instead of bitching about how bad you have it ... team up with people in the communities to pair it with some career counseling and some business and management classes and it could have some decent potential
This post was edited on 10/11/20 at 10:08 pm
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 10/11/20 at 10:10 pm to
quote:

If something like this could be done right (unlikely) I actually don’t hate the idea. It would show some actual concrete initiative to at least attempt to improve inner cities and maybe encourage small business ownership, entrepreneurship, and self initiative instead of bitching about how bad you have it ... team up with people in the communities to pair it with some career counseling and some business and management classes and it could have some decent potential

I have zero problem with someone using their own capital to lend money to high risk customers at low interest rates.
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