A coalition of groups, including SEIU and the Connecticut Citizen Action Group, came to the state Capitol complex Thursday to unveil a white paper that outlines Bank of America's "predatory practices'' in lending.
The report reveals the bank's "aggressive home foreclosures and mortgage registration fee dodging, turning its back on small businesses and forcing employee costs on state taxpayers.''
Tom Swan, executive director of CCAG, and Matt O'Connor, a spokesman for SEIU Connecticut State Council, came to the Capitol complex to spread the word about the bank. Bank of America, however, defended itself vigorously, saying that the coalition has the right to its own opinion but not to its own facts.