BofA reneges on loan commitment to Hawaiians


Pu'uhonua "Bumpy" Kanahele, a longtime Hawaiian activist, is asking for an investigation into why Bank of America has failed to fulfill its federally mandated commitment to provide $150 million in lending to Native Hawaiians, and says small grants given to non-profits involved in the issue were attempts to intimidate them or buy them off and renege on its commitments. The articles don't really make clear that the bank didn't make this commitment voluntarily, but was required to make the loans as a condition of its merger with Nation's Bank, based on previous discriminatory lending practices against Hawaiian communities.

The Advertiser has some pictures from the opening ceremonies of the annual Aloha Festival, which although cultural and social in nature today, still shows an example of the royal protocol which Hawaii carries and will be able to apply in the diplomatic realm when the time comes.


Posted: Sat - September 13, 2003 at 09:17 AM    
   
 
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Published On: Dec 27, 2005 10:14 PM
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