Larry Martin
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to Sustainable DC Green Economy
The Great Public Banking Debate
Friday, April 13
11 AM - 1PM
Florida Avenue Meeting House
2111 Florida Avenue between Decatur and S Street NW
Featuring
Marc Armstrong, Executive Director, Public Banking Institute
Mark Calabria, Director, Financial Regulation Studies, CATO Institute
If you are not happy with the way Wall Street operates, there is an
alternative. We can create public banks to create public money for
the public good. In fact, here in DC, a group has already formed to
look into creating a public bank for the city modeled after the only
public bank in the U.S., the Bank of North Dakota, formed back in 1919
and going strong today.
This is going to be a very lively debate.
Mark Calabria spent 6 years as senior professional staff of the Senate
Banking Committee, handling issues related to housing, mortgage
finance, economics, banking, and insurance. Prior to this, he served
as deputy assistant secretary for regulatory affairs at HUD and held
positions at Harvard and in the private sector.
Marc Armstrong is a business development and communications
consultant. He previously worked for IBM Finance with both Bank of
America and Wells Fargo Wholesale Banking Divisions as primary
customers. Marc got involved in public banking after reading Ellen
Brown's book, "Web of Debt." Marc has an MBA from the Anderson School
of Business UCLA.