Bank of America Suspends Work With ACORN

(AP)  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.

"We completely understand why our lending partners like Bank of America want assurances that the recent allegations against us won't happen again," ACORN Housing Corp. said. "We are taking a number of steps to ensure this, including providing ethics training to all of our staff."

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.

Each of the three congressmen is the ranking Republican on a House panel: Bachus on the House Financial Services Committee, Issa on the Oversight and Government Reform Committee and Smith on the Judiciary Committee.

"The Republicans are trying to intimidate banks that have stepped up to help stop the foreclosure crisis," said ACORN chief executive Bertha Lewis. "These same Republicans ignored ACORN's warnings about predatory lending and the foreclosure crisis, then gave Wall Street free rein and are now obstructing efforts to help families."

[Bofalawsuit]

BANK OF AMERICA IS POTENTIALLY CAUSING PEOPLE TO BE HOMELESS!

?BofA pledges $1M for needy: Bank's foundation focuses on agencies helping the homeless and those hit hard by foreclosure crisis."

Headline: "ZOOLOGICAL SOCIETY OF FLORIDA AND BANK OF AMERICA TEAM UP TO BRING WILDLIFE EDUCATION TO HOMELESS CHILDREN"

Lets face it, these kids might be homeless because Bank of America foreclosed on their parents house! I can not believe that BofA donated only around $1,000,000.00 after we gave them 45 BILLION dollar bail out! If Bank of America wants to help the homeless, maybe they should don the modifications they promised. But I have always felt like Bank of America has a hard time putting their money where their mouth is!

Maybe someday the headlines will read:

BANK OF AMERICA IS MAKING PEOPLE HOMELESS

WHERE IS OUR LOAN MODIFICATIONS BANK OF AMERICA!?

If it walks like a piggy, talks like a piggy, by golly it?s a PIGGY!

BofA and it?s CEO Brian Moynihan reminds me of that song by John Lennon and George Harrison titled "Piggies" I invite you to listen to this song on youtube and see if it appropriately fits.

http://www.youtube.com/watch?v=NTmeHM-Hojg&feature=related

Have you seen the little piggies
Crawling in the dirt
And for all the little piggies
Life is getting worse
Always having dirt to play around in.

Have you seen the bigger piggies
In their starched white shirts
You will find the bigger piggies
Stirring up the dirt
Always have clean shirts to play around in.

In their ties with all their backing
They don't care what goes on around
In their eyes there's something lacking
What they need's a damn good whacking.

Everywhere there's lots of piggies
Living piggy lives
You can see them out for dinner
With their piggy wives
Clutching forks and knives to eat their bacon.

Please stand with me and United Law Group and send an email to Bank of America that states that we will no longer tolerate their potentially illegal, fraudulent, irregular and abusive business methods.

One blogger named Terri sent me an email stating: ?You won't believe it but while I was at work today I had a voicemail from an advocate from BofA. What do you think about that? No calls all this time, I respond to your email and I get a cal!. How do you like that one?

So please send your email directly to Bank of America and include the following:

1. Your name
2. Your complaint concerning your experience with Bank of America.
3. Please end your email ?I support John Wright vs. BofA Lawsuit!?
4. Please send a copy of your email to [e-mail]
5. Please send your email to both BofA link below and the CEO email

CEO Brian Moynihan:
[e-mail]

BofA Linked Email:
https://www3.bankofamerica.com/contact/?lob=general&contact_returnto=&state=VA

WELL I HAVE HAD ENOUGH AND I AM FIGHTING BACK!

John Wright Vs. Bank of America

Please join my fight or show your support through your comments at www.unitedlawgroup.com

Divided we might have fell America, but united we must stand!

Sincerely,
[e-mail]

[marshallshouse]

It is interesting to see all of your comments. Some have linked cooperation?s, Obama, even blackwater, whitewater, and Monica Lewinski to this story. I have read some pointing to ?right wingers?, and you nasty ?leftists? as if one is the problem here.

The fact is we are the problem here. The responses to stories like this one show how we are divided as a Nation. Instead of viewing the story and commenting on the lack of values this person had when she thought she was assisting a piece of trash PIMP, we instead regurgitate Republican and Democrats opinion points from the likes of CBS and Fox news.
When will we realize that there is a Political War that has been occurring within our countries borders, and beyond? The Republican and Democratic parties use divide and conquer tactics to achieve the financial and ego driven rewards of US political supremacy. If we can?t rally together despite the Republican and Democratic parties we will lose this country.

[afmcalax]

The enthusiasm that the Repubs have in going after ACORN will keep them from gaining any minority votes in 2010 and beyond. This now resembles a KKK lynch mob versus rooting out corruption. It plays well on Fox and the 20% of Americans that support the Republican Confederate Party, but the long range demographics prove these racist policies will not garner more election victories as the Republican core increasingly becomes the minority. These are a group of old, rich white guys trying to hold back the future; it cannot be stopped.

[flakca1]

Barnie Frank and Acorn precipitated the housing crisis by threatening to yell "discrimination" when the Banks were following sound business principles and only lending to people who could handle the debt. When the sub-prime thing was pushed, it was pushed as a way to help the indigent, or those who couldn't earn enough to afford a house. You cannot fight the laws of economics. Either you can afford it or you can't. These idiot thugs thought they could intimidate reality. Guess reality does not get intimidated. Ask Nascar after they paid off Jesse Jackson. Bunch of losers shaking down the working man. Now we all have to pay because of the weak willed administrators and government officials who looked the other way rather than stand up for what is right. Now the money flees the shores of the United States, and there ain't a thing we can do about it. Now the poor folks are going to be able to afford a house for real, because houses aren't going to be worth much.

[SHEETPAN]

For all of you on the left who are accusing Companies hired by the federal government of breaking the law, It would be helpful if you could be more specific regarding your accusations. Your arguments go nowhere without proveable facts. Tossing out names because you think they're guilty is not exactly compelling evidence. I'm all for rooting out corruption, regardless of where it comes from. And let,s be real regarding Acorn. Trying to destroy the messenger because you don't like the message is irrational, blind, misplaced political loyalty.

[ubrew12]

Most American's are unaware that MOST of the ACORN staff asked to help a prostitute called the police. That's because FOX News didn't divulge that little, unnecessary detail.

Using the same standard, I suggest we all defund FOX News based on some late night phone calls Bill O'Reilly made to one of his staffers.

[ubrew12]

Most of ACORN's work is with poor people and the homeless. They are most 'guilty' of being a loud voice in favor of raising the minimum wage.

Given these crimes, I can't understand why Bank of America didn't defund ACORN before. BofA should know that the only worthwhile charity in America is her Banks.

[jimmyc1955]

You should know that BoA had a deal with ACORN to provide those same liar loans that caused the housing bubble to people they know couldn't afford them. For pushing them into mortgages they couldn't afford ACORN got a slice of the pie.

So as you complain about BoA bilking the poor - keep in mind that is was ACORN who was pulling the suckers in and setting them up.

Not much of a advocate for the poor were they?

But then ACORN was for the small businessman - they advise people how to set up ***** houses in those poor neighborhoods. I am sure that will help keep the riff-raff out.

[regret-my-vote]

Good!

[timdgrim]

Fine, stop funding ACORN. Don't stop there, stop funding Xe (formerly Blackwater), Halliburton, KBR, ArmorGroup, and all the other military contractors. Give the jobs back to the military and give them the raises. Draft if you have to. If you want to be a warmonger country, then everybody get involved. Enlist if you support the war. And, before you say it, I did my time in the USAF in the 70's and 80's.
Your turn.

[jimmyc1955]

It is an apples and oranges comparison. Halliburton, Blackwater, ArmorGroup and others deliver a product or a service for a fee. They are not getting free money with no returned service or product. They are a non-profit (or at this point it is what their charter implies they are) using government largess to - tell pimps how to sneak underage girls into the country to work as ******, how to hide the revenue from uncles sam (hide it in a tin can in the back yard - that's sound investment advice ;-) and how to write of 13 year old sex slaves as dependents.

Nope ACORN is a "community advocacy" group not a for profit business.

But when you find out what the difference is, you can come back to the discussion.

[bill0bob]

A few employees of ACORN do something wrong, and the repukes tar and feather the entire company. For the mindless repukes, ACORN has been "the boogeyman" for so long that they can't help but attack and smear until they "kill the beast". They are stupider and more barbaric than the stereotypical cavemen.

Why were there no screams of outrage from the repukes when Haliburton electocuted US soldiers in Iraq, just to save a few bucks on sub-contractors? When that happened, the idiot repukes all said, "you can't blame the whole country for the acts of a few bad apples". But now they think they've got a way to destroy a "liberal" organization, one that provides very important services to poor people throughout this country, and the repukes are OUT FOR BLOOD.

Repukes make me puke.

[gnimelf1968]

"provides very important services to poor people", like teaching them how to lie, cheat and steal.