Thursday, January 26, 2006

BB&T: A big financial player from Flyer's neck of the woods comes out swinging against eminent domain.
BB&T, the nation’s ninth largest financial holdings company with $109.2 billion in assets, announced today that it "will not lend to commercial developers that plan to build condominiums, shopping malls and other private projects on land taken from private citizens by government entities using eminent domain."
Via Volokh Conspiracy's Tyler Cowen, who has lots more in his comments section, including some nuggets like this one.

1 comment:

Flyer said...

Damn, you beat me to it. I was coming out of my UL to post that and then head for the hills. Back to the drawing white board.