Corbett Kalama appointed as Kamehameha Schools trustee

Corbett Kalama appointed as Kamehameha Schools trustee

Advertiser reports: "The state Probate Court yesterday appointed First Hawaiian Bank executive Corbett Kalama as a trustee of the $7.7 billion Kamehameha Schools." Star-Bulletin also has the story.

With his background as a banker touted as one of his main qualifications, I just hope folks remember his bank's record of denying loans to Native Hawaiians at a highly disproportionate rate (for example, First Hawaiian Bank denied refinancing applications from native Hawaiians and other Pacific Islanders at a rate 4.5 times greater than applications from Caucasians and 3 times the denial rate for Asians, even when Hawaiians were in higher income brackets), and push him to use KS resources to help start a Native Hawaiian Bank. Probably over 10 years ago, Bumpy and I had lunch with Corbett and he personally committed to us, face to face, that he would support a Native Hawaiian Bank. Still waiting. Now he is really in a position to do it.

Posted: Tue - February 6, 2007 at 09:39 AM

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is about Hawaii's status as an independent country under prolonged illegal occupation by the United States, and the history, culture, law & politics of the islands.

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Published On: Feb 06, 2007 09:43 AM

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