Banking on Lower Income Neighborhoods
Friday, September 21, 2007
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((neubie/flickr))
Banks open branches in most neighborhoods, but they usually avoid the lower-income ones. Derrick D. Cephas, the president of Amalgamated Banks, explains why he's courting New Yorkers in these areas. Plus, we want to know if you met your spouse using the internet; how the Irish and the Saudis are helping to prop up Manhattan real estate prices; a look at Senator Obama's week on the campaign trail, with a call-in for African-American listeners on his candidacy; and we listen live to the Albany D.A.'s press conference on Choppergate.
Guests:
Derrick D. CephasWhat a Week He's Had
Jonathan Capehart, editorial board member for The Washington Post, discusses Senator Obama's long week on the campaign trail.
Democracy's Living Room: Barack Obama
African American voters call in to say if they are supporting Barack Obama, despite criticism in the media that he might not be "Black enough," or may be too inexperienced.
Underserved or Overbanked?
Some New York neighborhoods have banks on every corner, while others are underserved. One bank that’s going where others fear to tread is Amalgamated Bank. President and CEO Derrick Cephas explains why.
Following Up: Are Foreigners Propping up House Prices?
The rest of the country is dealing with a downturn in the housing market, but the New York market still seems to be bucking the trend. We look at why we may have foreigners to thank, and find out where they come from, with Jonathan Miller, president and CEO of ...
Following Up: Internet Marrieds
Microtrends author and political pollster Mark Penn indentified those who met their spouses through online dating as a new demographic group. We take calls from the "internet marrieds."
The End of Choppergate?
The Albany County D.A. has concluded his investigation into the "Choppergate" scandal and found the governor and his staff broke no laws. We'll hear live coverage from this morning's press conference.
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