Tags: America's Forum | Exclusive Interviews | Howie Carr | BOA settlement | mortgage crisis | Bank of America

Howie Carr: It's 'Extortion' for Nonprofits to Get BOA Funds

By    |   Tuesday, 02 Sep 2014 11:10 AM

The Justice Department's plan to give nonprofit organizations some of a $17 billion settlement with the Bank of America amounts to "extortion," radio talk show host Howie Carr told Newsmax TV's "America's Forum" on Tuesday.

He was joined by Judicial Watch spokeswoman Irene Garcia, who explained that the leadership in many of these organizations is the same as with the scandal-ridden group ACORN, a nonprofit that helped contribute to the 2008 mortgage crisis, which the settlement was designed to address.

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The Justice Department's plan to give nonprofit organizations some of the $17 billion settlement with the Bank of America amounted to extortion, Howie Carr told Newsmax TV's "America's Forum".
Howie Carr, BOA settlement, mortgage crisis, Bank of America
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2014-10-02
Tuesday, 02 Sep 2014 11:10 AM
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