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The Bank Policy Institute (BPI) is a nonpartisan research and advocacy group representing the nation’s leading banks.
Aug 19, 2021 5 tweets 2 min read
Well, that didn’t age well… A new UT-Austin study further emphasizes that the #PPP, designed to serve the needs of struggling businesses during the worst of the pandemic, suffered from high rates of fraud made possible with the help of FinTechs. papers.ssrn.com/sol3/papers.cf…
Mar 6, 2019 7 tweets 3 min read
Shoddy reporting by @bloomberg in this story. It uses misleading statistics to falsely imply that banks are pulling back from lending to LMI community. Here comes a tweet storm cc: @MichelleF_Davis @MooreMichaelJ @dcraiggordon
The suggestion made in this article that large backs are leaving poor neighborhoods is simply false. cc: @MichelleF_Davis @MooreMichaelJ @dcraiggordon