… We do not condone the actions of ACORN Housing employees exposed in recently released videotapes,” Bank of America spokesman Richard Simon told The Examiner. “We have begun a review of ACORN Housing’s governance to ensure if these were individual incidents rather than a systemic breakdown before we make decisions on future actions.”
JP Morgan Chase contributed over $5 million in grants to the housing affiliate, over a five-year period. But this program is no longer active, Jennifer Zuccarelli, a spokeswoman said.
“JP Morgan Chase provided a five-year community development grant to fund affordable housing and foreclosure prevention initiatives across the country,” Zuccarelli said. “The commitment ended a year ago in 2008 and no further grants will be considered.”
Undercover videos made by James O’Keefe and Hannah Giles posing as a pimp and prostitute, respectively, feature ACORN workers offering advice in Baltimore, Md. Brooklyn, N.Y. and San Bernardino, Calif.

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