Would you have a savings account with Goldman Sachs? Is the Dodd Frank Repeal a good idea or a bad one? Does corporate social responsibility help a company’s profitability?
These are just a few of the questions we addressed on Bold Business. For this week’s headlines, our hosts David and Selena were joined by Carrie Sheffield, Bold founder and James Dennin, staff writer for Mic.com.
We started by diving into the topic of Goldman Sachs and their attempt to diversify the banking experience by offering some of the best savings rates available to regular customers from Main Street. We also covered the Dodd-Frank repeal that James wrote about. James outlined why the Dodd-Frank Repeal could potentially leave Americans without critical consumer protections, and tie policymaker’s hands in another financial crisis. Lastly, we discussed a Florida Atlantic University’s study claiming that corporate responsibility is bad for bottom lines and profitability.
Join the conversation in the comments and tell us what you think! Watch here or on our Facebook page.
I will keep my money in a local credit union that has billions in assets. One that is part of the community and doesn’t think it is to big to fail.
Postscript – charter schools are not credit unions. Good luck with financing. lol