Arianna Huffington (of Huffington Post fame) is on a crusade.
The website features a crafty propaganda-style video that argues in favour of the S&Ls and tries to point out that they’re not responsible for the recent mortgage meltdown.
Baiscally, it’s a way of protesting the Too Big To Fail, bailout-dependent zombies with your dollars.
Fair enough, but what Huffington’s fans should bear in mind is that during the 1980s, nearly every S&L was engaged in gruesome, dumb practices as engaged in Michael Lewis‘ “Liar’s Poker.”
That being said, Move Your Money seems to have good intentions.
A search bar lets you enter your zip code and find local banks in your area that are rated “B” or higher by the IRA Bank Monitor. It’s essentially a financial crusade of sorts mixed with data aggregation. Either way, we wish Ariana the best of luck with her latest venture.
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