Asked by Kimberly, Hollywood, FL • Tue Jan 26, 2010
Bank of America has used enough of our money to buy out other banks. How much more can we give when there is nothing else to give? There are families without homes, divorce rate is rising (tentatively up to 73%), school budget cuts (that no one mentions) and here we are bailing out Bank of America to dominate all the smaller banks merely for power. We have bailed them out $25 Billion dollars of tax payer's money; and another $10 Billion so that Bank of America can take over Merrill Lynch. When will it end? When we have no house for our families to live in? As far as permanent home loan modifications, Bank of America has made 98 permanent home loan mortgage modifications to homeowners since beginning their participation in the program out of 1,018,192 eligible homeowners.
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