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DOJ ends Obama slush fund policy of illegally diverting settlement
Posted: Jun 12, 2017
claim to the money. Obama administration sued companies like Bank of America to give mortgages to people who could not afford to pay them back, and the bank had agreed to pay $16.6 billion in order to avoid further prosecution from the federal government. That settlement money went to left wing organizations including the National Council of La Raza, Operation Hope, and National Community Reinvestment Coalition. These groups that were illegally given the money by Obama used to be known, collectively, as ACORN. Fortunately, President Trump has just put an end to this illegal “slush fund” payout scheme. From now on, any settlement money will go to the actual victims, instead of the left wing groups that Obama favored, but which had no legal claim to the money. ;
These were know as shakedown settlements. They levied - fines to companies and then redistributed
[ In Reply To ..]this money to left wing groups. Many people didn't even know it was going on (or cared).
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