Organizing Access to Capital Advocacy and the Democratization of Financial Institutions

Organizing Access to Capital: Advocacy and the Democratization of Financial Institutions By Gregory D. Squires
2003 | 264 Pages | ISBN: 1592130267 | PDF | 34 MB
Community activists were delighted with the passage of the Community Reinvestment Act, but they came to realize that it would take more than the word of law to bring about real change. This book gives voice to the activists who took it upon themselves to agitate for increased investment by financial institutions in their local communities. They tell of their struggles to get banks, mortgage companies and others to rethink their lending policies. Their stories, drawn from experiences in Chicago, New York, Milwaukee, Boston, Pittsburgh, and other cities around the country, offer insight into the way our political/economic system really works.Gregory D. Squires is Professor of Sociology at George Washington University. He has served as a consultant and expert witness for fair housing groups and civil rights organizations around the country including HUD, the National Fair Housing Alliance, the National Community Reinvestment Coalition, and many others. He also served a three-year term as a member of the Consumer Advisory Council of the Federal Reserve Board. He is the co-editor of "Color and Money: Politics and Prospects for Community Reinvestment in Urban America".