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01/30/2006 Entry: ""

An interesting developement in last year's eminent domain tango:

BB&T, one of the largest banks in Washington area, announced Wednesday it will no longer lend to development commercial projects that involved the seizure of private property under eminent domain rules.

"It's a philosophical decision consistent with our values," said Ken Chalk, BB&T's senior executive vice president and chief credit officer. "We think this is just not good public policy."
Link

Could this be filed under "capitalism sometimes really does work for the good of the folk -- even if just for the sake of not making us look bad", perhaps?

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