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	<title>Blog and Opinion</title>
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		<title>Chevron To Face Charges</title>
		<link>http://www.blogandopinion.com/blog-and-opinion/chevron-to-face-charges.html</link>
		<comments>http://www.blogandopinion.com/blog-and-opinion/chevron-to-face-charges.html#comments</comments>
		<pubDate>Fri, 27 Jan 2012 07:24:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Chevron Corp]]></category>
		<category><![CDATA[oil spill]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1768</guid>
		<description><![CDATA[Criminal charges against <strong>Chevron Corp</strong> and some of its local managers will be filed by a Brazilian prosecutor within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore <strong>oil spill</strong>.
<a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/Chevron-To-Face-Charges.jpg"></a>
The filing in federal court in Campos, Brazil, will likel&#8230;]]></description>
			<content:encoded><![CDATA[<p>Criminal charges against <strong>Chevron Corp</strong> and some of its local managers will be filed by a Brazilian prosecutor within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore <strong>oil spill</strong>.</p>
<p><a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/Chevron-To-Face-Charges.jpg"><img class="alignleft size-medium wp-image-1769" title="Chevron To Face Charges" src="http://www.blogandopinion.com/wp-content/uploads/2012/01/Chevron-To-Face-Charges-271x300.jpg" alt="Chevron To Face Charges" width="271" height="300" /></a></p>
<p>The filing in federal court in Campos, Brazil, will likely include a request for criminal indictment of the chief executive of Chevron&#8217;s Brazil unit, George Buck, as well as other staff, three Brazilian government officials involved in the case told Reuters.</p>
<p>An official who investigated the 2,400-barrel spill told Reuters Buck and Chevron acted in a &#8220;careless and irresponsible way.&#8221;</p>
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		<title>What Steve Jobs Told The World?</title>
		<link>http://www.blogandopinion.com/blog-and-opinion/what-steve-jobs-told-the-world.html</link>
		<comments>http://www.blogandopinion.com/blog-and-opinion/what-steve-jobs-told-the-world.html#comments</comments>
		<pubDate>Mon, 23 Jan 2012 06:24:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Apple Inc]]></category>
		<category><![CDATA[smart business]]></category>
		<category><![CDATA[Steve Jobs]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1764</guid>
		<description><![CDATA[<a href="http://www.blogandopinion.com/"></a>Many people have different versions of what all they all learned from <strong>Steve Jobs</strong>, the man behind the success of <a title="Apple Inc" href="http://www.buy-expo.com/news/apple-ceo-received-stock-award-worth-376-million.html" target="_blank"><strong>Apple Inc</strong></a> and its former CEO, who is now resting in the heaven.
Well there are many things that Jobs told the world, including:
Analysts, journalists, gurus, and consultants cannot &#8220;&#8230;]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://www.blogandopinion.com/"><img class="alignleft size-full wp-image-1765" style="border: 0pt none; margin: 4px;" title="What Steve Jobs Told The World" src="http://www.blogandopinion.com/wp-content/uploads/2012/01/What-Steve-Jobs-Told-The-World.jpg" alt="What Steve Jobs Told The World" width="284" height="177" align="left" /></a>Many people have different versions of what all they all learned from <strong>Steve Jobs</strong>, the man behind the success of <a title="Apple Inc" href="http://www.buy-expo.com/news/apple-ceo-received-stock-award-worth-376-million.html" target="_blank"><strong>Apple Inc</strong></a> and its former CEO, who is now resting in the heaven.</p>
<p style="text-align: justify;">Well there are many things that Jobs told the world, including:</p>
<p style="text-align: justify;">Analysts, journalists, gurus, and consultants cannot &#8220;do&#8221;, so they &#8220;advise.&#8221; They can have an opinion of how good or bad a product or service is, but they cannot make a great one, they also cannot sell it themselves.</p>
<p style="text-align: justify;"><strong>Steve Jobs</strong> was among the firsts to tell the world that the customer does not possess the ability to tell what exactly he needs and a <strong>smart business</strong> has to predict his expectations on his own. Customers can just say “Better, faster, and cheaper” but how will the product or service be “Better, faster, and cheaper” is unknown to them. They can only find the better between two or more things but do not have the time, will, or knowledge to specify their own expectations.</p>
<p style="text-align: justify;">Real demo by company head: There has not been a company head that has come forward to launch a new product or service and tell the world everything about it and answer all related queries, but Steve Jobs did. He was always there to demo a pod, pad, phone, and Mac two to three times a year and understood what his company was doing and explained it to the world at large. This is something that differentiated Jobs from the rest.</p>
<p style="text-align: justify;">The greatest thing that <strong>Steve Jobs</strong> made the world realize is that one should have the conviction to let people believe in his thoughts and style of working. Jobs knew that the world can be changed only when a few minds will change and he single-handedly changed the minds and eventually the world. RIP <strong>Steve Jobs</strong>.</p>
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		<title>EBay Results Top Estimates</title>
		<link>http://www.blogandopinion.com/online-shopping/ebay-results-top-estimates.html</link>
		<comments>http://www.blogandopinion.com/online-shopping/ebay-results-top-estimates.html#comments</comments>
		<pubDate>Fri, 20 Jan 2012 05:47:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Shopping]]></category>
		<category><![CDATA[e-commerce company]]></category>
		<category><![CDATA[EBay]]></category>
		<category><![CDATA[PayPal electronic payments]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1754</guid>
		<description><![CDATA[<a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/EBay-Results-Top-Estimates.jpg"></a>A higher-than-expected quarterly profit on solid growth in its online marketplaces and an increase in transactions processed through its <strong>PayPal electronic payments</strong> business was reported by <strong>EBay</strong> Inc.
The shares of the <a title="e-commerce company" href="http://www.buy-expo.com/news/senate-commerce-committee-chairman-targets-data-pass-marketing.html" target="_blank"><strong>e-commerce company</strong></a> were up nearly 2 percent in after-hours trading, even tho&#8230;]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/EBay-Results-Top-Estimates.jpg"><img class="alignleft size-medium wp-image-1755" style="border: 0pt none; margin: 4px;" title="EBay Results Top Estimates" src="http://www.blogandopinion.com/wp-content/uploads/2012/01/EBay-Results-Top-Estimates-300x200.jpg" alt="EBay Results Top Estimates" width="252" height="168" align="left" /></a>A higher-than-expected quarterly profit on solid growth in its online marketplaces and an increase in transactions processed through its <strong>PayPal electronic payments</strong> business was reported by <strong>EBay</strong> Inc.</p>
<p style="text-align: justify;">The shares of the <a title="e-commerce company" href="http://www.buy-expo.com/news/senate-commerce-committee-chairman-targets-data-pass-marketing.html" target="_blank"><strong>e-commerce company</strong></a> were up nearly 2 percent in after-hours trading, even though the company offered a cautious outlook for first-quarter profit and revenue.</p>
<p style="text-align: justify;"><strong>EBay</strong> reported fourth-quarter net income of $2 billion, or $1.51 a share, compared with $559 million, or 42 cents a share, a year earlier. The company forecast first-quarter profit of 50 cents or 51 cents a share and revenue of $3.05 billion to $3.15 billion and added profit for 2012 will be $2.25 to $2.30 a share and revenue will be $13.7 billion to $14 billion.</p>
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		<title>Santander raises 15 billion euros</title>
		<link>http://www.blogandopinion.com/blog-and-opinion/santander-raises-15-billion-euros.html</link>
		<comments>http://www.blogandopinion.com/blog-and-opinion/santander-raises-15-billion-euros.html#comments</comments>
		<pubDate>Thu, 19 Jan 2012 07:23:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Opinion]]></category>
		<category><![CDATA[European Banking Authority]]></category>
		<category><![CDATA[eurozone]]></category>
		<category><![CDATA[real estate assets]]></category>
		<category><![CDATA[Santander]]></category>
		<category><![CDATA[Santander shares]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1758</guid>
		<description><![CDATA[<a href="http://www.blogandopinion.com/"></a>The largest bank of the <a title="Eurozone" href="http://www.blogandopinion.com/marketing/markets-give-up-hopes-for-lasting-eurozone-solution.html" target="_blank"><strong>eurozone</strong></a>, Spanish lender <strong>Santander</strong>, reached a requirement for 9 percent core capital by raising 15.3 billion euros ($19.5 billion), six months ahead of a deadline set by the <strong>European Banking Authority</strong> (EBA).
On Monday, Santander also reiterated its goal of increasing its c&#8230;]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://www.blogandopinion.com/"><img class="alignleft size-medium wp-image-1761" style="border: 0pt none; margin: 4px;" title="Santander raises 15 billion euros" src="http://www.blogandopinion.com/wp-content/uploads/2012/01/Santander-raises-15-billion-euros-300x192.jpg" alt="Santander raises 15 billion euros" width="300" height="192" align="left" /></a>The largest bank of the <a title="Eurozone" href="http://www.blogandopinion.com/marketing/markets-give-up-hopes-for-lasting-eurozone-solution.html" target="_blank"><strong>eurozone</strong></a>, Spanish lender <strong>Santander</strong>, reached a requirement for 9 percent core capital by raising 15.3 billion euros ($19.5 billion), six months ahead of a deadline set by the <strong>European Banking Authority</strong> (EBA).</p>
<p style="text-align: justify;">On Monday, Santander also reiterated its goal of increasing its core capital ratio to 10 percent in June, which is one point above the level required by the EBA that set new capital rules to make sure banks can weather financial crises.</p>
<p style="text-align: justify;"><strong>Santander</strong><strong> shares</strong> rose more than 2 percent before closing almost flat at 5.45 euros.</p>
<p style="text-align: justify;">&#8220;The market is taking the news very positively because this will give the bank more margin to increase provisions that the new government could demand to offset depreciation in its <strong>real estate assets</strong>,&#8221; said Nuria Alvarez, banking sector analyst at Renta 4 brokerage in Madrid.</p>
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		<title>Eurozone Inflation Eases In December</title>
		<link>http://www.blogandopinion.com/marketing/eurozone-inflation-eases-in-december.html</link>
		<comments>http://www.blogandopinion.com/marketing/eurozone-inflation-eases-in-december.html#comments</comments>
		<pubDate>Sat, 07 Jan 2012 10:28:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[European Central Bank]]></category>
		<category><![CDATA[eurozone]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[interest rate cuts]]></category>
		<category><![CDATA[market expectations]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1751</guid>
		<description><![CDATA[Data showed on Wednesday that <strong>eurozone inflation</strong> slowed in December as expected underlining <strong>market expectations</strong> that price growth will decelerate further in the first months of 2012 and create room for more <strong>interest rate cuts</strong> for assisting the weakening economy.
<a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/Eurozone-Inflation-Eases-In-December.jpg"></a>
Consumer prices in the 17 countr&#8230;]]></description>
			<content:encoded><![CDATA[<p>Data showed on Wednesday that <strong>eurozone inflation</strong> slowed in December as expected underlining <strong>market expectations</strong> that price growth will decelerate further in the first months of 2012 and create room for more <strong>interest rate cuts</strong> for assisting the weakening economy.</p>
<p><a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/Eurozone-Inflation-Eases-In-December.jpg"><img class="alignleft size-medium wp-image-1752" title="Eurozone Inflation Eases In December" src="http://www.blogandopinion.com/wp-content/uploads/2012/01/Eurozone-Inflation-Eases-In-December-300x225.jpg" alt="Eurozone Inflation Eases In December" width="300" height="225" /></a></p>
<p>Consumer prices in the 17 countries sharing the euro rose 2.8 percent year-on-year in December, down from 3.0 percent year-on-year rises in November, October and September, according to estimates from the European Union&#8217;s Statistics Office (Eurostat).</p>
<p><strong>Inflation</strong> peaked at 3 percent and should fall back below 2 percent, which is the medium-term target of the <strong>European Central Bank</strong>, around April according to many economists.</p>
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		<title>Manufacturing Index Hits High</title>
		<link>http://www.blogandopinion.com/marketing/manufacturing-index-hits-high.html</link>
		<comments>http://www.blogandopinion.com/marketing/manufacturing-index-hits-high.html#comments</comments>
		<pubDate>Thu, 05 Jan 2012 09:49:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[factory activity]]></category>
		<category><![CDATA[oil prices]]></category>
		<category><![CDATA[RBC Capital]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1748</guid>
		<description><![CDATA[Capping a late-year upswing, manufacturing grew at its fastest pace in six months in December but a European slump and rising <strong>oil prices</strong> posed threats to the U.S. economy in 2012.
<a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/Manufacturing-Index-Hits-High.jpg"></a>
The Institute for Supply Management&#8217;s index of national <strong>factory activity</strong> hit its highest level since June and ca&#8230;]]></description>
			<content:encoded><![CDATA[<p>Capping a late-year upswing, manufacturing grew at its fastest pace in six months in December but a European slump and rising <strong>oil prices</strong> posed threats to the U.S. economy in 2012.</p>
<p><a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/Manufacturing-Index-Hits-High.jpg"><img class="alignleft size-medium wp-image-1749" title="Manufacturing Index Hits High" src="http://www.blogandopinion.com/wp-content/uploads/2012/01/Manufacturing-Index-Hits-High-300x199.jpg" alt="Manufacturing Index Hits High" width="300" height="199" /></a></p>
<p>The Institute for Supply Management&#8217;s index of national <strong>factory activity</strong> hit its highest level since June and came in above forecasts at 53.9, more evidence that the U.S. economy picked up steam in the fourth quarter.</p>
<p>&#8220;It&#8217;s a pretty decent report overall,&#8221; said Tom Porcelli, chief U.S. economist at <strong>RBC Capital</strong> Markets in New York. &#8220;We&#8217;re not roaring ahead here, but it&#8217;s also not collapsing. That&#8217;s consistent with our overall view of the economy in 2012.&#8221;</p>
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		<title>Euro may become world&#8217;s leading currency</title>
		<link>http://www.blogandopinion.com/blog-and-opinion/euro-may-become-worlds-leading-currency.html</link>
		<comments>http://www.blogandopinion.com/blog-and-opinion/euro-may-become-worlds-leading-currency.html#comments</comments>
		<pubDate>Mon, 02 Jan 2012 07:00:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Opinion]]></category>
		<category><![CDATA[debt crisis]]></category>
		<category><![CDATA[Euro]]></category>
		<category><![CDATA[European Central Bank]]></category>
		<category><![CDATA[single currency]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1744</guid>
		<description><![CDATA[The <strong>single currency, euro</strong>, may become the world&#8217;s leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration. <strong>European Central Bank</strong> policymaker Christian Noyer made this statement in an article to be published in the Journal du Dim&#8230;]]></description>
			<content:encoded><![CDATA[<p>The <strong>single currency, euro</strong>, may become the world&#8217;s leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration. <strong>European Central Bank</strong> policymaker Christian Noyer made this statement in an article to be published in the <em>Journal du Dimanche</em>.</p>
<p><a href="http://www.blogandopinion.com/wp-content/uploads/2012/01/Euro-may-become-worlds-leading-currency.jpg"><img class="alignleft size-medium wp-image-1745" title="Euro may become world's leading currency" src="http://www.blogandopinion.com/wp-content/uploads/2012/01/Euro-may-become-worlds-leading-currency-300x281.jpg" alt="Euro may become world's leading currency" width="300" height="281" /></a></p>
<p>On December 9, leaders of Europe struck a historic deal at an emergency summit in Brussels to draft a new treaty for deeper economic union, in an attempt to stem the <strong>debt crisis</strong> that is threatening to cause collapse of the <strong>euro</strong>.</p>
<p>&#8220;If we implement all the decisions taken at the Brussels summit we will emerge stronger,&#8221; Noyer said in the article, due to be published to coincide with the 10-year anniversary of the <strong>euro</strong> on January 1. &#8220;In 10 years, maybe the <strong>euro</strong> will be the world&#8217;s number one currency.&#8221;</p>
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		<title>Shares slip in thin trade</title>
		<link>http://www.blogandopinion.com/online-presence/shares-slip-in-thin-trade.html</link>
		<comments>http://www.blogandopinion.com/online-presence/shares-slip-in-thin-trade.html#comments</comments>
		<pubDate>Thu, 29 Dec 2011 12:24:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Presence]]></category>
		<category><![CDATA[Asian markets]]></category>
		<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[consulting firm]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1737</guid>
		<description><![CDATA[<a href="http://www.blogandopinion.com/"></a>On Wednesday, <a title="Asian markets" href="http://www.blogsnreviews.com/reviews/asian-markets-cautious-before-europe-summit.html" target="_blank"><strong>Asian markets</strong></a> eased in low volume with many market players away for year-end holidays. On the other hand, oil kept gains from the previous day on worries about possible supply disruptions after Iran threatened to stop the flow of oil from the Gulf.
&#8220;More people want to bring thei&#8230;]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://www.blogandopinion.com/"><img class="alignleft size-medium wp-image-1738" style="border: 0pt none; margin: 4px;" title="Shares slip in thin trade" src="http://www.blogandopinion.com/wp-content/uploads/2011/12/Shares-slip-in-thin-trade-300x160.jpg" alt="Shares slip in thin trade" width="300" height="160" align="left" /></a>On Wednesday, <a title="Asian markets" href="http://www.blogsnreviews.com/reviews/asian-markets-cautious-before-europe-summit.html" target="_blank"><strong>Asian markets</strong></a> eased in low volume with many market players away for year-end holidays. On the other hand, oil kept gains from the previous day on worries about possible supply disruptions after Iran threatened to stop the flow of oil from the Gulf.</p>
<p style="text-align: justify;">&#8220;More people want to bring their positions to neutral ahead of the new year&#8217;s holidays than look for bargain hunting, and that&#8217;s keeping prices depressed in low volumes,&#8221; said Tetsuro Ii, the president of Commons <strong>Asset Management</strong> in Tokyo.</p>
<p style="text-align: justify;">&#8220;The only way Iran would actually close Hormuz is when it is attacked and war breaks, but such a possibility appears low as no country would want to take the risk when growth worldwide was likely to slow down,&#8221; said Naohiro Niimura, a partner at research and <strong>consulting firm</strong> Market Risk Advisory Co.</p>
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		<title>Video Internet Marketing Tools</title>
		<link>http://www.blogandopinion.com/video/video-internet-marketing-tools.html</link>
		<comments>http://www.blogandopinion.com/video/video-internet-marketing-tools.html#comments</comments>
		<pubDate>Tue, 27 Dec 2011 07:27:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Video]]></category>
		<category><![CDATA[article directories]]></category>
		<category><![CDATA[capture leads]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[MySpace]]></category>
		<category><![CDATA[on video sites]]></category>
		<category><![CDATA[podcasting directories]]></category>
		<category><![CDATA[social bookmarking sites]]></category>
		<category><![CDATA[social networking sites]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[video internet marketing]]></category>
		<category><![CDATA[YouTube video]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1734</guid>
		<description><![CDATA[If you want to <strong>capture leads</strong> and follow-ups automatically with subscribers using email, autoresponders, mobile text and direct mail, this <strong>YouTube video</strong> on <strong><a title="video internet marketing" href="http://www.buzzandbranding.com/videos/how-to-get-massive-traffic-to-your-website.html" target="_blank">video internet marketing</a> </strong>tools will surely be of great use to you. The services talked about in this video can easily help you get all over <strong>on vi</strong>&#8230;]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="350" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="src" value="http://www.youtube.com/v/-sLB60TQFpA" /><embed type="application/x-shockwave-flash" width="425" height="350" src="http://www.youtube.com/v/-sLB60TQFpA"></embed></object></p>
<p style="text-align: justify;">
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		<title>BofA&#8217;s Countrywide to pay over bias case</title>
		<link>http://www.blogandopinion.com/online-presence/bofas-countrywide-to-pay-over-bias-case.html</link>
		<comments>http://www.blogandopinion.com/online-presence/bofas-countrywide-to-pay-over-bias-case.html#comments</comments>
		<pubDate>Fri, 23 Dec 2011 11:20:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Presence]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[minority homebuyers]]></category>

		<guid isPermaLink="false">http://www.blogandopinion.com/?p=1729</guid>
		<description><![CDATA[<a href="http://www.blogandopinion.com/"></a>On Wednesday, <a title="Bank of America" href="http://www.blogandopinion.com/blogging/rosy-housing-outlook-of-bank-of-america.html" target="_blank"><strong>Bank of America</strong></a> Corp&#8217;s Countrywide Financial unit agreed o pay a record $335 million to settle civil charges that it discriminated against <strong>minority homebuyers</strong>, which is an historic settlement for the Obama administration in the wake of the subprime mortgage morass.
The sett&#8230;]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://www.blogandopinion.com/"><img class="alignleft size-medium wp-image-1730" style="border: 0pt none; margin: 4px;" title="BofA's Countrywide to pay over bias case" src="http://www.blogandopinion.com/wp-content/uploads/2011/12/bank-of-america-300x220.jpg" alt="BofA's Countrywide to pay over bias case" width="300" height="205" align="left" /></a>On Wednesday, <a title="Bank of America" href="http://www.blogandopinion.com/blogging/rosy-housing-outlook-of-bank-of-america.html" target="_blank"><strong>Bank of America</strong></a> Corp&#8217;s Countrywide Financial unit agreed o pay a record $335 million to settle civil charges that it discriminated against <strong>minority homebuyers</strong>, which is an historic settlement for the Obama administration in the wake of the subprime mortgage morass.</p>
<p style="text-align: justify;">The settlement covers conduct between 2004 and 2008 and involved a range of alleged wrongdoing, including charging African-Americans and Hispanics higher <strong>interest rates</strong> and fees than non-minorities.</p>
<p style="text-align: justify;">&#8220;The victims had no idea they were being victimized. They were thrilled to have gotten a loan and realize the American dream,&#8221; Thomas Perez, head of the Justice Department&#8217;s civil rights division, told reporters. &#8220;This is discrimination with a smile.&#8221;</p>
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