To: bentway who wrote (1437 ) 2/23/2007 5:13:45 PM From: Tadsamillionaire Read Replies (1) | Respond to of 3197 Bank of America Defends Credit Cards for Illegals Bank of America Corp. is defending its decision to offer credit cards to people who don't have U.S. Social Security numbers, amid criticism that the program effectively endorses illegal immigration. The bank's pilot program, revealed last week, focuses on Hispanics in the Los Angeles area. It has spurred opposition in Congress and from grass-roots groups who say many illegal immigrants could benefit, and that the program might foster identity theft, money laundering and terrorism. Bank of America Chief Executive Kenneth Lewis defended the program on Thursday in The Wall Street Journal. This came after some groups called for a boycott of the No. 2 U.S. bank by assets. They say their efforts are bearing fruit. William Gheen, director of the National Illegal Immigration Boycott Coalition, said his group has collected hundreds of e-mails from people vowing to cancel accounts and move mortgages. The group said it has more than 11,000 signatures on its petition calling for a boycott of Bank of America. "What Bank of America is doing is illegal, or should be," Gheen said. For its part, Bank of America has not seen "any unusual business activity" resulting from responses to the pilot program, spokeswoman Alexandra Trower said. "Some (customers) are very supportive, while others are not supportive," she said. "That is why we undertake pilots." The Pew Hispanic Center estimated there were 11.5 million to 12 million illegal immigrants nationwide a year ago. That's up from the Census Bureau's 8.7 million estimate for 2000. The total population is 301.2 million, the bureau said. Bank of America's roots date to San Francisco in 1904. That year, Amedeo Giannini, a son of Italian immigrants, founded the Bank of Italy to serve "the little guys," including immigrants that other banks wouldn't touch. In his Thursday opinion piece, Lewis admitted it is not pleasant to be caught a century later in the "heated" national immigration debate, and that he was "feeling the passion." Still, he pledged to continue the card program, which he said complies with the USA Patriot Act and other laws.newsmax.com