banking 
Thu Feb 04, 2010 at 21:31:11 PM EST
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Are you as angry as I am about the bailout of the banks and ever bashed TARP program? Well then, maybe you'll be as excited as I am about some great news that came our way today. Our partners at the "Federation" (that would be the National Federation of Community Development Credit Unions) wrote to us today to tell us that: At a meeting with key leaders of community development credit unions (CDCUs) and community development banks, Treasury Secretary Tim Geithner announced yesterday a major capital investment program for depositories certified as community development financial institutions (CDFIs).
JFSJ is ourself an investor in the Federation (which is a CDFI), as well as in many community development credit unions, through our Tzedec Economic Development Fund. Cliff Rosenthal, CEO of the Federation, has been one of the leading Jewish voices for building access to capital in low income communities. As the Federation's justly excited announcement explains:
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