>B of A ,(Bank of America) has decided that it won’t do any more business with ACORN Housing Corp., “at least until the group can get its act together” sources tell us.
ACORN chief executive Bertha Lewis blames Republicans for BofA’s move: “The Republicans are trying to intimidate banks that have stepped up to help stop the foreclosure crisis.”
GOP , Reps. Spencer Bachus of Alabama,Darrell Issa of California, and Lamar Smith of Texas sent letters Friday to 14 banks, including BofA, asking them to fully disclosure to the House Financial Services Committee any financial arrangements they have with ACORN, its subsidiaries, or its affiliates.
ACORN many feel was the chief promoter of sub prime lending and is accused of voter fraud in several states.ACORN has recently been videoed encouraging alleged tax fraud,child prostitution, child porn,and illegal immigration . Both the US Census Bureau and the IRS have cut ties with ACRON.
the Ridgewood Blog Staff
