( Louisiana Illuminator ) – The Louisiana State Bond Commission might further limit the state’s business with large banks based on their dealings with gun manufacturers and energy companies. Critics fear such a restriction could cost taxpayers more money by limiting competition for the state’s banking business. Bond commission members intend to interview representatives from a handful of banks next week about their firearms and energy policies. If the banks’ views don’t align with the perspective of the Republican-majority commission, they could be removed from a list of qualified institutions that are invited to bid on state business, including an upcoming $275 million bond sale. Attorney General Jeff Landry’s office pushed Thursday to disqualify six national banks – JPMorgan Chase & Co., Barclays, Morgan Stanley, Royal Bank of Canada, UBS and Wells Fargo – from Louisiana’s list of pre-approved financial institutions. But state legislators on the Bond Commission refused to exclude them before interviewing the banks’ representatives first. Craig Cassagne, who represented the attorney general’s office at Thursday’s Bond Commission meeting, told the other members that JPMorgan should be blackballed because it limits the business it does with gun manufacturers that sell military-style weapons to people under 21. The […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
