Khavari’s Idea Gains Momentum; Candidates from Maine to California Push State-Owned Banks in Mid-Term Elections

In announcing his candidacy last June, Iranian-born economist Farid A. Khavari, a Democratic candidate for governor of Florida, became the first candidate for public office to seriously promote the idea of a state-owned bank since the Great Depression…

by · June 11, 2010 · 14 comments ·