This is an amazing story from the Charlotte Observer. "BB&T Corp. said Wednesday it will not lend money for commercial projects on land seized by the government through an exercise of eminent domain."

"'The idea that a citizen's property can be taken by the government solely for private use is extremely misguided, in fact it's just plain wrong,' Chief Executive John Allison said in a statement."

We could use 100s of John Allisons in Corporate America! Blood money MAY add incremental revenue, but it's still blood money.

-Robert Capozzi

Tuesday, 31 August 2010

For Profit’s Growing Market Share—Market Segmentation

by William Patrick Leonard

The vast majority of the students electing to enroll in for-profit higher education institutions are not the gullible mass of willing victims that the non-profit higher education partisans imply. Rather they are perceptive consumers, who know what they want in educational programs and are willing to pay for the services and conveniences. Too often their needs are unrecognized at nearby public and non-profit privates.

Free Liberal

Coordinating towards higher values

A bank rejects "blood money"

by Robert Capozzi