Archive for Tuesday, September 29, 2009

Bank stops dealings with ACORN entity

September 29, 2009


— Bank of America Corp. is suspending its work with the housing affiliate of embattled community organizing group ACORN.

The decision comes as three Republicans in Congress ask Bank of America and 13 other financial institutions to give Congress a complete accounting of their dealings with the Association of Community Organizations for Reform Now or its affiliates.

In a statement, Bank of America said it would not enter into any further agreements with ACORN Housing Corp. until the bank is satisfied all issues have been resolved. ACORN Housing Corp. and Bank of America have worked together for years on mortgage foreclosure issues.

Long a target of conservative critics, ACORN employees were caught on videotape recently giving advice to a woman posing as a prostitute and to a man posing as her pimp about cheating on taxes and operating a brothel with underage immigrant girls.

The Wall Street Journal first reported on Bank of America pulling back from working with ACORN Housing Corp.

On Friday, GOP Reps. Spencer Bachus of Alabama, Darrell Issa of California and Lamar Smith of Texas sent a letter to 14 banks requesting disclosure to the House Financial Services Committee of all financial arrangements with ACORN and its subsidiaries or affiliates.


just_another_bozo_on_this_bus 7 years ago

"ACORN Housing Corp. and Bank of America have worked together for years on mortgage foreclosure issues."

And there lies the heart of this "controversy."

Flap Doodle 7 years ago

The Community Organizer in Chief is hoping people forget his long association with this criminal enterprise.

just_another_bozo_on_this_bus 7 years ago

And you and Glenn Beck are also king and queen of France, right, snap?

just_another_bozo_on_this_bus 7 years ago

I doubt that your unrelenting ignorance has been relieved much by the hysterical rantings of snap and Glenn Beck, James.

just_another_bozo_on_this_bus 7 years ago

"Your willful ignorance even when confronted by hard evidence"

Yea? Where is this "hard evidence?"

Flap Doodle 7 years ago

“Here in Minnesota, ACORN has boasted of playing a major role in the 2008 elections. It claims to have registered 43,000 new voters, which it describes as 75 percent of the state's new registrations. Franken's margin of victory in the Senate race was razor-thin: 312 votes out of about 3 million cast. And Minnesota's laws on proof of voter eligibility are notoriously loose. Did ACORN folks pull some fast ones to help get their favorite son Franken elected -- a win that handed Democrats the 60-vote, veto-proof majority that they needed to enact their liberal agenda? Secretary of State Mark Ritchie assures us that Minnesota's system of voter verification protects electoral integrity. But here's an uncomfortable fact: Ritchie himself was endorsed by the now-notorious ACORN and elected with its help.”

just_another_bozo_on_this_bus 7 years ago

Wow, snap, that's some hard evidence alright-- qualified voters actually registering and voting. Such a scandal. No wonder you're so outraged.

james bush 7 years ago

Hey you truth squad Obamabots, better get to Fox news channel or you'll miss Beck talking about the constitution and freedom again.....heresy in the cult of Obama.

just_another_bozo_on_this_bus 7 years ago

"you'll miss Beck talking about the constitution and freedom again"

Out of one side of his mouth, and out of the other, he calls it "criminal" and "communist" when poor brown people take it on themselves to get out and vote for the candidates of their choice. A real hippo-sized hypocrite.

Commenting has been disabled for this item.