Thursday, December 22, 2011

Racist Bank of America fined $335 million for discrimination against African-Americans


The case is the latest for Bank of America relating to the sub-prime mortgage crash Continue reading the main story.

Bank of America's Countrywide Financial business has agreed to pay a record fine of $335m (£214m, 257m euros) to settle discrimination charges.

The US justice department said around 200,000 qualified African-American and Hispanic borrowers were charged with higher rates "solely because of their race or national origin".




Anonymous said...

Goody goody gumdrops! Now, said fine will be paid to what government agency? Said fine represents what percentage of profit from this discrimation? Redress of grievance to those against whom discriminated amounts to what?

Will the "journalist" who copied this media release kindly ask more questions and answer them???

Thanking you in advance.

Merry Christmas!

And if you don't like the previous salutation, perhaps its just because you're ANTISEMITIC!!!

Chimp said...

Happy Holidays!!! LOL!!!