BOA Cuts Purse Strings

bank
Austin, Texas
April 10, 2018 8:03pm CST
IN THE NEWS: The Washington Times - Tuesday, April 10, 2018 Bank of America will no longer lend to companies that make ‘military-style’ weapons I understand what appears to be the good intentions of the bank executives. I am just not sure if it will be a catalyst to spur the change this country needs. Really hard to predict the outcome. We won't know if we don't try. One thing American citizens do know is that they don't always have to wait for politicians to fix things for US. Anybody got an opinion about this BOA POA? (Bank of America's Plan of Action)
Bank of America officially took sides in America’s gun debate Tuesday, announcing it would no longer make loans to companies that make “military-style” weapons.
8 people like this
7 responses
Anna
@LadyDuck (459629)
• Switzerland
11 Apr 18
I think it's a good idea, if the politicians do nothing, let people move in the right direction.
2 people like this
Ron Rybs
@Ronrybs (17915)
• London, England
11 Apr 18
There are a couple of banks, over here, that operate an wide ranging ethics program. Wonder if coperations are catching up with public opinion?
2 people like this
Linda Mansfield (Snowdrop)
@sprite1950 (30453)
• Corsham, England
13 Apr 18
I won't pretend to know a lot on this subject but it sounds like a good move to me.
1 person likes this
Valerie J. Routhieaux
@just4him (307688)
• Green Bay, Wisconsin
19 Apr 18
I hadn't heard anything about it.
1 person likes this
Judy Evans
@JudyEv (326359)
• Rockingham, Australia
11 Apr 18
It sounds a good idea but surely the companies will just get their loans elsewhere.
1 person likes this
Faye
@FayeHazel (40246)
• United States
18 Apr 18
Wow, no lending to military style weapons....
1 person likes this
marguicha
@marguicha (216031)
• Chile
11 Apr 18
I´m glad!
1 person likes this