Bank of America pulls from ACORN work (The irony meter is beyond repair)

[Are_grits_groceries]

Already facing the loss of federal government funding, the community-organizing group Acorn also has run afoul of one of its big corporate partners, Bank of America Corp.

In response to questions from The Wall Street Journal, a spokesman for the banking company said it has "suspended current commitments" to Acorn Housing, an affiliated group, and "will not enter into any further agreements with Acorn or any of its affiliates," pending assessments by the bank of the organization's operations.
http://online.wsj.com/article/SB125409478511144963.html

TARP Saves Bank of America
Bank of America received $20 billion in new capital from the Treasury today, along with $118 billion in asset guarantees. Why? Because after buying Merrill Lynch in September they discovered that Merrill's losses were a wee bit higher than expected. And when did they finally figure this out?
(More at the site about their excuses)
http://www.motherjones.com/kevin-drum/2009/01/tarp-saves-bank-america

I guess somebody should have rolled up to BOFA with a hidden camera and played them.

ACORN is defunded by a bank that accepted government money after doing who knows what that made them unstable.

The noxious odor of "holier than thou" fills the air.

[Proud Liberal Dem]

1. The entire "jihad" against ACORN is hypocritical

to say the very least. :eyes:

[Lagomorph]

2. When you walk into BoA...

...they rob you.

[glowing]

3. Isn't that the truth. I think more of us need to walk our money away from

these big banks and into a smaller, hometown bank. It would bankrupt the biggies if we took our money out.. But like idiots, myself included, I'm still with my bank Wachovia which isn't really Wachovia anymore.

[Are_grits_groceries]

4. I moved my money into

a small, but well-established local bank. This was after I talked to them about some of their financial data. I also talked to a friend I trust about this bank. Some local banks have done a good job, and some are on the verge of easing on down the road.