USATODAY.com - BB&T ends loans for eminent domain

According to this article by Paul Nowell of the Associated Press, the nation's ninth largest bank has declared that it will not make loans to developers who plan to build commercial projects on land taken by eminent domain.

Thank you, BB&T Bank! Three cheers, even. May other banks follow your lead, and soon.

I have a personal vow to avoid doing business with any outfit that sets up on seized land following Kelo v. City of New London (on the grounds that people have to now know how many citizens think it's wrong, even if it's legal for now).

But of course what I do as an individual can't possibly make much difference. So, what BB&T is doing -- that they are saying that refusing to participate in such projects is the right thing to do -- makes me very happy, indeed.

hat tip: Castle Coalition