After several decades of allowing ACORN to run interference for its expansion plans in exchange for lucrative lending partnerships and grants, Bank of America has dropped the rogue activist group after a spate of bad publicity.
How typically BofA. Don’t do something on principle –do it when the marketing and PR turn against you. Hence we must note that BofA’s suspension of work with ACORN may well just be temporary, itself a PR stunt to calm the waters, “review” agreements with ACORN, and then proceed once the coast is clear.
We shall see.
