Seattle Considers Setting Up A Public Bank

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Seattle considers setting up a public bank

SEATTLE ?? The Seattle City Council is exploring the possibility of creating a public bank. It would be a controversial and somewhat revolutionary step, but Councilmember Nick Licata says a public bank would operate in the interest of the city’s government and its residents. Licata, chairman of the council’s finance committee, said a state-licensed public bank,…

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Short-sellers have been feeling the pain for months, but especially over the last two weeks. In his fourth-quarter letter to investors, Maverick Capital's Lee Ainslie pointed out the unprecedented levels stock prices have reached and why short-sellers have been hurting. Q4 2020 hedge fund letters, conferences and more   High market caps Ainslie noted that Read More


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