Skip to comments.SunTrust Reverses Decision On Conservative Benham Brothers
Posted on 05/16/2014 2:20:32 PM PDT by kristinn
After an uproar from conservative customers, SunTrust Banks announced Friday afternoon that the decision to end its relationship with real estate entrepreneurs David and Jason Benham had been reversed.
Earlier Friday, The Daily Caller reported that SunTrust Banks had pulled all of its listed properties with the Benham brothers bank-owned property business.
The move came just a week after HGTV announced it was canceling a planned home renovation show hosted by the Benhams because of their conservative views on abortion and gay marriage.
By Friday afternoon, SunTrust released a statement saying the decision had been reversed. The bank didnt go into detail about why they originally cut ties with the Benham brothers, though said the decision was made by a third party vendor. TheDC reported earlier Friday that the vendor had told a Benham Brothers franchisee that the bank itself made the decision.
(Excerpt) Read more at dailycaller.com ...
Sounds like they were Cracker Barreled!
Thanks for the update K
Lot of gibberish, mumbo-jumbo in the article from SunTrust—Of course, it’s difficult to backpedal and be articulate at the same time.
Too late. I’d still cancel my relationship with them immediately. I know where their ultimate loyalties lie.
They backed off (this time).
If I was the boss of the person who decided this, I would be quite upset.
One wouldn’t even need to share the beliefs of the Benham brothers to decide that SunTrust is an unworthy business partner. Apparently, once in a while, your business lifeline will simply be pulled with no explanation.
The evasive non-explanation and probably rehearsed finger-pointing between SunTrust and its putative “third party vendor” gives you no assurance at all that it won’t happen again.
Conservatives and the Benham brothers should pull everything out of SunTrust.
If a company is that easily swayed by Leftist/Lib crap, they will continue to be in the future.
There are other banks, many of which would be elated to have the customers/clients SunTrust would lose.
[Recall how some of his advertisers abandoned Rush, and then a few months later, they were begging for him to take them back?]
Companies should stay out of the politics of personal destruction.
Since Suntrust didn’t say who they fired their reinstatement gesture is pretty empty.
The brothers weren’t using them as a bank. Sun Trust was using the brothers business to sell houses.
Ah, going to Chic-fil-a for dinner tonight.
The left decried “McCarthyism” until they achieved the power to do the same thing. Our current state of affairs does however prove that McCarthy was right!
Even if conservative customers don’t pull out, SunTrust has lost any hope of attracting new ones in the future
Should never have flipped to cause the flop in the first place. Now it’s succeeded in alienating everyone
Very poor business practices. Take heed CEOS of what your HR or PR depts are doing. And cut the crap yourself if you approved it beforehand
So they said they didn’t do it but an unnamed 3rd party did ?
Even so. They tried to terminate the relationship over Gaystapo harassment.
What slimes. Boycott anyway. They already made a mistake.
and who do you bank with? Rhetorical
> The bank didnt go into detail about why they originally cut ties with the Benham brothers, though said the decision was made by a third party vendor. TheDC reported earlier Friday that the vendor had told a Benham Brothers franchisee that the bank itself made the decision.
The fact that it is now legal to discriminate against Christians is very troubling.
I would like to know the name of the third party vendor.
I bank with SunTrust. I’m glad they listened to the outcry and reversed this decision.
Operation Choke Point.
It won’t be long before everyone will have to swear to support gays before they can get a TV show.
>> I know where their ultimate loyalties lie.
The company boards aren’t necessarily involved in every decision made by management. Not saying that’s the case with SunTrust.
I can think of only a few extreme reasons a company should act quickly in terms of PR.
>> The fact that it is now legal to discriminate against Christians is very troubling.
It’s not legal. And that’s just as troubling.
“Its not legal. And thats just as troubling”
Not disturbing that [discriminating against Christians] isn’t legal; disturbing that it’s happening, and the perpetrators are going unpunished under applicable laws.
Gotta be clear, here.
Worthy clarification. Thank you.
They will *always* back off on gay-related issues, because they're a southern bank, and the vast majority of its customers are white southerners. (The vast numbers of southern black welfare recipients, who account for much of the surplus of federal dollar inflows vs outflows in the region, mean that most blacks in the south don't have significant interactions with banks). White southerners would literally have driven the bank out of business if this had persisted. Long before that happened, the CEO would have been out on his butt, due to a crashing stock price.
SunTrust hates Christians is the lead story; so, shareholders should take the top dogs to task for throwing away profitable business just to feed the ego and popularity of the top brass. It is stealing from shareholders. The top brass should be fired post haste and pay restitution to the shareholders for the business lost.
Same with Cracker Barrel execs who banned Duck Dynasty products.
Message: Shareholders are pissed because THEIR companies won’t do business with Christians and thereby steal money out of the shareholders’ wallets.
Message 2: I (and many others) don’t like discrimination, so I ceased doing business with Denny’s and Cracker Barrel; and while I do no business with SunTrust, I won’t, and I won’t buy their stock.
Indeed . .and illegal
Not just stautory (so-called “Civil Right” legislation
But also Constitutional Freedom of Religion/Association > legislative
No legislation should ever trump a Constitutional right, esp First Amendment ones
SunTrust is a lousy bank, at least in the Baltimore-DC-NoVA area. They would have been better off to find another partner. Maybe another banker will reach out to them.
It is becoming legal in a number of ways. As for now, it's mostly fashionable.
Did Denny's do something against Christians that I missed? Or are you instead referring to the anti-black scandal that happened a few years ago?
Is Suntrust part of Merscorp that is clouding americans homeowners deeds?