http://cfsinnovation.com/about/funders-supporters
About CFSI | Funders and Supporters
The Center for Financial Services Innovation receives financial support from a variety of foundations and organizations. It was originally funded by the Ford Foundation and incubated at ShoreBank. It is now a nonprofit affiliate of ShoreBank, where it continues to be housed, as well as receiving administrative and institutional support.
CFSI Funding Organizations:
Annie E. Casey Foundation
Bank of America Charitable Foundation
Ford Foundation
Heron Foundationn
Citigroup Foundation
http://www.cfsinnovation.com/about/board
About CFSI | Board of Directors
Steven Dow
EXECUTIVE DIRECTOR
Community Action Project of Tulsa County
Mary Houghton
President
ShoreBank Corporation
Vice Chair, CFSI Board
Bruce Murphy
EVP, KeyBank National Association & President, Community Development Banking
KeyBank
Gary Palmer
Executive Vice President
Fidelity National Information Services
Eric Rodriguez
VICE PRESIDENT
National Council of La Raza
Kevin Rhein
President, Card Services Division
Wells Fargo
Treasurer, CFSI Board
David Rose
SVP OF STRATEGY AND INNOVATION
Fiserv, Inc.
Ellen Seidman
Executive Vice President
ShoreBank Corporation
Chair, CFSI Board
Jennifer Tescher
Director
Center for Financial Services Innovation
Secretary, CFSI Board
Luz Urrutia
President
El Banco de Nuestra Comunidad
//
http://www.freerepublic.com/focus/news/2518108/posts
The Shady ShoreBank Bailout
Townhall.com ^ | May 21, 2010 | Michelle Malkin
Posted on Friday, May 21, 2010 6:43:47 AM by Kaslin
“No more bailouts, no more greed, how many profits do you need?” That’s been a signature chant of community organizers and Big Labor thugs who have stormed bank offices and financial executives’ private homes decrying corporate welfare over the past several months. But now that the federal government and a coalition of big banking interests are poised to bail out a crony Chicago bank with longtime ties to the Obama administration, Saul Alinsky’s avenging angels are nowhere to be found.
ShoreBank is a Windy City investment bank with all the right (or, rather, left) ties. Its stated progressive mission isn’t merely to make good lending decisions, but to engage in Barack Obama-esque social engineering to “create economic equity and a healthy environment.” The ShoreBank corporate slogan: “Let’s change the world.”
The company website features a video of Obama in Kenya championing ShoreBank microlending projects overseas. ShoreBank has also touted itself as a “green” bank from its founding days — promoting dubious carbon credit programs, subjecting new borrowers to eco-litmus tests (”we look at how you use water, how you recover water and clean it, how you use energy, if you produce clean energy, how you manage CO2, whether you are offsetting CO2 that your product produces, if you are using sustainably produced materials”) and encouraging customers to participate in “EcoDeposits” to “directly support the green agenda.”
Social and environmental justice may make for good Volvo bumper stickers. They do not, however, make for a good bottom line. While the bank was on do-gooder missions around the world, business at home was in trouble. As The Wall Street Journal reported, “Losses racked up during the recession have left the bank facing a demand to raise new capital or face likely closure by regulators.”
Enter the Chicago political friends and family of ShoreBank. The ties are long and deep, as the Central Illinois 9/12 Project has been chronicling for months:
— ShoreBank co-founder Jan Piercy was a Wellesley College roommate of Hillary Clinton’s, who has long supported the bank along with former president Bill Clinton.
— Former ShoreBank Vice Chairman Bob Nash worked for Mrs. Clinton’s presidential bid as deputy campaign manager. Board of Directors member Howard Stanback is a Hyde Park neighborhood pal of President Obama, who served with Stanback on the board of the radical Woods Fund (where Weather Underground terrorist Bill Ayers also sat).
— White House senior advisor Valerie Jarrett served on the board of Chicago Metropolis 2020 with ShoreBank Director Adele Simmons, former president of the liberal MacArthur Foundation, where she focused on “climate change” and “global governance” issues.
— The bank and its employees donated some $12,000 to the Obama 2008 presidential campaign, and co-founder Mary Houghton reportedly gave advice to Obama’s late mother about small business lending issues.
In other words: ShoreBank is too politically connected to fail. And now you, the taxpayer, may be on the hook for helping its cronies engineer a special rescue. Fox Business News reported this week that a consortium of large lenders — including Goldman Sachs, Citigroup and GE Capital — have partnered with the feds to pitch in a combined $200 million public-private bailout. (In addition, Illinois Democrat Rep. Jan Schakowsky has been crusading for a state-level bailout of the beleaguered bank.) The buzz on both Wall Street and Capitol Hill is that Goldman and perhaps others in the public-private partnership were pressured to lend a hand.
It wouldn’t be the first time that businesses have felt the Obama squeeze. And it wouldn’t be the first time that Democrats exploited the financial crisis to milk public money for their banking cronies.
The laggardly House Ethics Committee is still investigating Democrat California Rep. Maxine Waters, who had a personal and financial stake in Boston-based OneUnited, a minority bank that received $12 million in TARP bailout money under smelly circumstances. The bank’s executives donated $12,500 to her congressional campaigns. Her husband, Sidney Williams, was an investor in one of the banks that merged into OneUnited. Waters secured meetings between OneUnited execs and Treasury Department officials.
That probe has dragged on for nearly a year, which doesn’t bode well for fresh GOP demands for an investigation into the shady ShoreBank bailout. House Financial Services Committee ranking minority member Spencer Bachus, R-Ala., has demanded that the White House cough up documentation about any possible overt contact with Goldman about the deal.
Team Obama is smarter than that, of course. To quote Obama’s environmental czar Carol Browner, who pressured auto industry execs last year to cooperate on a fuel standards increase, they know “to put nothing in writing, ever.”
The fingerprints may be missing, but the stench of the Chicago Way is impossible to cover up.
I can’t post what I really think or I would get banned.
RESIGNATION OR IMPEACHMENT....nothing less will do at this point!! Obama and the democrats are completely lawless and out of control.
Chicago Climate Action Plan
###
What is the Chicago Climate Action Plan?
From the start, the charge and scope of the Chicago Climate Task Force was broad and ambitious. Dozens of experts and a nationally recognized research advisor committee took part in discussions. Leading scientists were consulted to describe various scenarios for Chicago’s climate future and how these would impact life in the city.
The results of the research are both serious and encouraging.
They clearly demonstrate that our current trajectory poses risks to our economy and health. Every Chicago resident and business has a role to play in implementing the Chicago Climate Action Plan, which will not only ensure a more liveable climate for the world, but also for the city. The economy and quality of life could improve. Jobs could be created. New technologies will emerge.
The Chicago Climate Action Plan Outlines Five Strategies:
* Energy Efficient Buildings
* Clean & Renewable Energy Sources
* Improved Transportation Options
* Reduced Waste & Industrial Pollution
* Adaptation
The Chicago Climate Action Plan details steps for organizations of all kinds and suggests actions for every individual. As new technologies and options emerge, actions may change. The goal, however, remains the same: to reduce our emissions and prepare for change.
________________________________________________________
Funders & Foundation Support
****************************
Chicago Community Trust
Clinton Foundation, Clinton Climate Initiative
Crown Family Philanthropies
Global Philanthropy Partnership
Grand Victoria Foundation
Illinois Department of Commerce and Economic Opportunity
Joyce Foundation
Kresge Foundation
Legacy Fund
Lloyd A. Fry Foundation
Nathan Cummings Foundation
Polk Bros. Foundation
Surdna Foundation
Strategy Consultants
********************
Adrian Smith and Gordon Gill Architecture
A.T. Kearney
Bain & Company
Boston Consulting Group
Environmental Law and Policy Center
The Field Museum
Global Philanthropy Partnership
Katzenbach/Booz
Partners
**********
A.T. Kearney
Abbott Labs
Adrian Smith & Gordon Gill Architecture
Akzo Nobel
Arcelor Mittal Steel
Bain & Company, Inc.
Baxter Healthcare
Boston Consulting Group
Carbon Disclosure Project
Carmeuse Lime
Center for Neighborhood Technology
Chicago Area Community Colleges
Chicago Architecture Foundation
Chicago Botanic Gardens
Chicago Community Trust
Chicago Economic Development Association
Christy Webber Landscapes
Civic Consulting Alliance
Clinton Climate Initiative
Cloverhill Bakery
Commonwealth Edison Company
Cook Composites and Polymers
College of Saint Elizabeth
Engineered Glass Products
Environmental Law and Policy Center
The Field Museum
General Iron
Global Philanthropy Partnership
Goose Island Brewery
Grace Davidson
Grand Victoria Foundation
Illinois Department of Commerce and Economic Opportunity
Illinois Institute of Technology
Joyce Foundation
Katzenbach/Booz
Kresge Foundation
Lafarge Cement
Legacy Fund
Lloyd A. Fry Foundation
Midwest Generation
MWH Global
Nathan Cummings Foundation
Naylor Pipe
Northern Illinois Energy Project
Northwestern University
Oliver Wyman
People’s Gas
Prairie Materials
Regional Economics Applications Laboratory
RWVentures
S&C Electric Company
Systems Analysis and Program Development (SAP) Labs
Schulze Burch Biscuit Company
Shedd Aquarium
Surdna Foundation
University of Illinois
University of Illinois at Chicago
Urban Sustainability Directors Network
URS Corporation
WRD Environmental
http://www.chicagoclimateaction.org/pages/partners__funders/61.php
Madison Guarantee, all over again. I wonder how many more shell banks they have set up?
I hope Beck pounds on this for a week. Over and over and over again.