# How the Nation’s Only State-Owned Bank Became the Envy of Wall Street | Mother Jones

<http://www.motherjones.com/mojo/2009/03/how-nation%E2%80%99s-only-state-owned-bank-became-envy-wall-street>

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## From the page (probably an excerpt, not Jamie's words)

The Bank of North Dakota is the only state-owned bank in America—what Republicans might call an idiosyncratic bastion of socialism. It also earned a record profit last year even as its private-sector corollaries lost billions. To be sure, it owes some

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## Elsewhere

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