Move Your Money Project for big investment banks

Finance Market News about new online monew movement.Currently “Move Your Money”  Project for encouraging people to take their money out of the big investment banks and bank locally instead.President Barack Obama said that “if there’s one thing that has unified Democrats and Republicans, and everybody in between, it’s that we all hated the bank bailout,It was about as popular as a root canal.”The bailout, in which the federal government backed major investment banks to the tune of up to $700 billion, was enacted in the fall of 2008, when the financial sector was on the verge of collapse. But the kinds of banks that were bailed out were large investment banks. Meanwhile, smaller community banks all along have had a very different business model.For Online Money Movement in www.moveyourmoney.info. Example Students at American University, in Washington, D.C., want to do something to combat the gross wealth inequality in their city. They are campaigning to move some of the school’s $312 million endowment money and put it in local financial institutions which will lend out to get local businesses and help to revitalize the community.

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