Bank of America (BOA) serves as a destabilizing force in Chicago’s blighted
communities, according to approximately 50 protesters who took their
message to a downtown branch on Tuesday.
Organized by the Grassroots Collaborative on the eve of Bank of America’s shareholder meeting in North Carolina, demonstrators rallied against policies that, according to protesters, has led to Chicago school closures and community devastation.
“We
have schools that are closing, homes that are abandoned, and
neighborhoods falling apart; this is a time when we need our
neighborhoods to be built up and not destroyed,” said Amisha Patel,
executive director of the Grassroots Collaborative. “It’s time for Bank
of America to do everything they can to strengthen our communities.”
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The United States prison industry continues to shift towards private ownership of facilities, and the immigrant and minority populations in most prisons now disproportionately outnumber white inmates.
A racial divide continues to perpetuate among those seeking a
mortgage loan, according to a new study. The report alleges that
mortgage lenders have steered more black and Latino borrowers towards
government-backed home loans by limiting their access to more
conventional financing.
