Alfred Woody's Kewl Blog [ 椼森 ]

Friday, December 23, 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".


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Alfred Woody Wang at 1:12 PM

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Alfred Woody Wang
18 years in International trading & manufacturing business. Trade products from China, Vietnam, Thailand, Taiwan & S.Korea. OEM skincare products in Thailand,trading house whole products & gift products. Business base in Malaysia & Singapore. Lately had set up a boutique shop in China.
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