BB&T Takes a Stand

Vadum, Matthew
January 2006
Bond Buyer;1/30/2006, Vol. 355 Issue 32308, p33
Trade Publication
The article reports that BB&T Corp. decided that it will not make loans to private developers anywhere in the nation intending to construct commercial projects on land seized from private owners in Washington. According to John Allison, chairman of the North Carolina-based bank, the idea that a citizen's property can be taken by the government solely for private use is extremely misguided.


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