Bank of America Must Pay Excess Settlement Funds To Acorn Clones

Paul Sperry Investor’s Business Daily 1/4/2012

Bank of America (BAC) must turn over excess funds from a record $335 million discrimination fine to community organizing groups. Critics say it’s a “political backdoor” to subsidize Democrat-tied Acorn “clones.”

The unusual mandate is buried in a Justice Department filing last month detailing settlement terms with the nation’s […]