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Pearl Meyer Promotes Karen Butcher to Managing Director


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Pearl Meyer Promotes Karen Butcher to Managing Director
Pearl MeyerMay 11, 2021 GMT
Karen Butcher.jpg
Karen Butcher.jpg
BOSTON, May 11, 2021 (GLOBE NEWSWIRE) Executive compensation consultancy Pearl Meyer has promoted industry veteran Karen Butcher from principal to the role of managing director.
“Karen consistently provides outstanding levels of service to clients and has been instrumental in growing our banking practice,” said Steven Van Putten, senior managing director and Northeast region head at Pearl Meyer. “She truly believes in the strategic, symbiotic nature of executive compensation and leadership development. Our firm and our clientele benefit greatly from her expertise.” ....

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Public banking: How it could work in New York


By
Susan Arbetter
City of Albany
PUBLISHED 5:59 PM ET May. 03, 2021
PUBLISHED 5:59 PM EDT May. 03, 2021
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For decades, many banks in the U.S. denied mortgages to people of color based strictly on race or the neighborhood where they lived. The practice, which started in the 1930s, was called red-lining and it was backed by the U.S. government. It’s one of the reasons that black families lost out on the wealth accumulation that white families have leveraged for the past 90 years.
While red-lining is no longer legal, banks still engage in predatory lending in some of the very same neighborhoods that had been red-lined in the past.  ....

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