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Henkel Racism

Open Letter to BofA Chairman: Racist Bank Adviser in Germany Must Go

William K. Black | Posted 05.25.2011 | Business
William K. Black

Bank of America's "senior advisor" in Germany -- the leader of a team of advisors that help set the bank's policies -- is bemoaning the end of redlining and claiming that American bank loans to black "slums" caused the global financial crisis.