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Re: wolfatthedoor post# 42949

Thursday, 02/22/2007 9:49:43 PM

Thursday, February 22, 2007 9:49:43 PM

Post# of 114953
OT: wolf - here is an interesting little article - has nothing at all to do with Panamersa, not even remotely related. :^)

Bank of America Won't Cancel Controversial Credit Card Program
Thursday, February 22, 2007
By Alexander B. Duncan

Bank of America (BAC) defiantly declared on Thursday that it would not cancel its new credit card program for individuals with no Social Security numbers or credit histories, which critics charge is an attempt to profit from illegal immigrants and a potential threat to national security.

In an opinion piece in the Wall Street Journal, Bank of America CEO Kenneth D. Lewis made clear the bank would not kill the program, which he said was intended only to offer services to customers lacking credit backgrounds, and was not initiated to target illegal immigrants in the U.S.

"Bank of America does not deliberately market financial products and services to illegal immigrants from any country." he wrote. Instead, the bank chief said that the program was created to help consumers who lack certain financial tools.

"We believe we have an obligation to serve all those in our country who are legally eligible to receive services. To do less would be discriminatory and unfair."
http://www.foxnews.com/story/0,2933,253719,00.html



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