On Tuesday, I will meet with the founder of a very cool sounding bank-to-be called Common Good.

I should try to tape record this.

Questions specifically about Common Good:

I'm curious to hear how he came up with the idea of starting a bank. What made him choose a bank as a way of creating a better world? I think democracy means a lot to him.

I'd like to understand the organizational structure more, including what kinds of decisions the members will be making. (He has outlined a direct democracy voting system I'll describe more on Tuesday.)

What does/ will Common Good offer that a credit union doesnt? (What are his thoughts about what's good/ limited about credit unions?)

Will there be a board?

Will it be FDIC? What's entailed in that?

Ive read one thing about the process of starting a bank --Iis this close to your process--and where are you in the process?

What are various bank liscences --is there a community bank liscence? What kind will CG go for?

What kind of investment opportunities will the bank have?

Will there be shareholders? stock?

What is meant by merchant tithing? A local credit card?

Are there some banks that have inspired him? Mondragon credit union?


And some more general questions about banks:

Does he know the salary of most commercial bank and credit union CEOs? Does the Board of a commercial bank get paid? How do they get selected?

I'd like to show him my emerging diagram of banks, what comes in, what goes out, how a bank is affected to the whole world of global financial transactions, to the Fed, currency rates...and see if he includes anything else.)

Are there regulations about what banks can invest in? Does he understand how currency stuff works --do banks engage in currency speculation, how does currency speculation work.

What about his thoughts on something like Wainwright? What does he think of the term socially responsible?