A Union Bank with a Goal: Victory for the Left
A Union Bank with a Goal: Victory for the Left
Summary: Amalgamated Bank is America’s only union-owned bank. The latest chapter of its tumultuous history finds it specializing in political work that few financial institutions would dare risk. Funded by monies that unions compel their members to provide, the bank seems less devoted to maximizing returns for customers than to assisting left-wing candidates and causes...