foxnews.com
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.
Posted by Richard at February 22, 2007