A recent poll found nearly a tenth of all Americans have pulled their money out of big banks after the financial crisis. A movement spearheaded by Arianna Huffington urges consumers to close their accounts with big banks and invest in small community banks and credit unions with a stake in their community. We discuss the Move Your Money campaign.
Guests:
Arianna Huffington, founder and editor in chief of The Huffington Post
Dennis Santiago, CEO of Institutional Risk Analytics
Rod Brown, president and CEO of the California Bankers Association
Bob Goldman, financial planner for Bob Goldman Financial Planning
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