Thread: Bank of America defends policy

http://www.boston.com/business/personal ... ds_policy/

Critics blast credit card offers, saying they're endorsement of illegal immigration
By Reuters | February 23, 2007

NEW YORK -- Bank of America Corp. is defending its decision to offer credit cards to people who don't have US Social Security numbers amid criticism the program effectively endorses illegal immigration.


It has spurred opposition in Congress and from grass-roots groups who say many illegal immigrants could benefit, and that the program might foster identity theft, money laundering, and terrorism.

Bank of America chief executive Kenneth Lewis defended the program yesterday in The Wall Street Journal. This came after some groups called for a boycott of the number two US bank by assets. They say their efforts are bearing fruit.

William Gheen, director of the National Illegal Immigration Boycott Coalition, said his group has collected hundreds of e-mails vowing to cancel accounts and move mortgages.

The group said it has more than 11,000 signatures on its petition calling for a boycott of Bank of America.

"What Bank of America is doing is illegal, or should be," Gheen said.

For its part, Bank of America has not seen "any unusual business activity" resulting from responses to the pilot program, spokeswoman Alexandra Trower said.

"Some (customers) are very supportive, while others are not supportive," she said. "That is why we undertake pilots."

The Pew Hispanic Center estimated there were 11.5 million to 12 million illegal immigrants in the United States a year ago

"Some (customers) are very supportive, while others are not supportive," she said.

I wonder which of their "customers" are "very supportive".

http://www.bankofamericaboycott.com/

For its part, Bank of America has not seen "any unusual business activity" resulting from responses to the pilot program, spokeswoman Alexandra Trower said.

I know for a fact this is a flat out lie! Our phone is ringing every 15 minutes and we have so many emails filled with people that say they are moving accounts.

W

I know for a fact this is a flat out lie! Our phone is ringing every 15 minutes and we have so many emails filled with people that say they are moving accounts.

W

Once again, the Media being used to lie to the American Public! BOA is trying to put out fires. I guess they are ignoring the forest fire that is raging in their own back yard.

William, this article is tagged on Drudge right now. Hopefully that brings some needed attention to this problem.