Banking on green energy: Bailed-out Bank of America wants Uncle reviews now from renewables.

June 29, 2012
As if that weren’t bad enough, earlier this year, mortgage giant Fannie Mae, that paragon of fiscal prudence, announced it was cutting off Bank of America from selling loans because the bank was failing to honor repurchase requests in a “timely” fashion. When an institution that contributed to the 2008 financial meltdown with its profligate lending calls you out, you know you’ve got problems. So it seems a little more than strange that BOA is proudly claiming it will spend upward of $50 billion over the next 10 years to help fight “climate change.”
 
Read on at:
http://www.washingtontimes.com/news/2012/jun/20/banking-on-green-energy/

Read More From Source:Banking on green energy: Bailed-out Bank of America wants Uncle reviews now from renewables." -



Thank You for Contributing

Sharing is Caring: Our goal is to guide Environmental, Health and Safety professionals to the best EHS resources available. By bringing focus to leading sources of that information.

EHSnews.org is the first global aggregator of official Environmental, Health and Safety information in real-time that derives post excerpts.

ALL excerpts and content from contributors "shared" items require links to original articles and authors are to be included in ALL content.

PLEASE report any post or content not correctly citing original source and it will be remove immediately and contributor will be flagged.

Thanks - Editor

See Full Site Disclaimer Here