Hallelujah!

From the Tennesseean:

If you're a developer planning condos or a shopping mall on land the government took from private citizens through eminent domain, don't expect a loan from BB&T Corp., one of the nation's 10 biggest banks.

"The idea that a citizen's property can be taken by the government solely for private use is misguided; in fact, it's just plain wrong," Chairman and Chief Executive John Allison said yesterday.

The Winston-Salem, N.C.-based bank, which has a Nashville commercial loan office, called its new policy a show of support for private property rights. It prohibits loans to real estate developers building on seized land.

Needed: More right-thinking banks to take a stand. Chances: Slim.

h/t Jim for a link to It Comes In Pints?