The Craig Fahle Show

Metro Times: Why Are Some Banks Closing Accounts Of Certain Small Businesses?

Wednesday, June 6, 2014


Editor-in-chief of the Metro Times, Valerie Vande Panne speaks to Craig Fahle about her article regarding a local small business owned by Bob and Kristen Diefenderfer. Their small business had it's accounts closed because they says the bank is concerned about complying with the Obama Administration's, "Operation Choke Point". The question is whether or not banks are targeting small businesses it believes are selling equipment or products to industries that the federal government deems illegal.