The announcement was made by Attorney General Eric Holder in Washington on Thursday morning, the New York Times reported. Holder said that the Bank of America is expected to pay $9.65 billion as cash penalty and will also provide $7 billion to blighted neighborhoods and homeowners as relief to counter the damage the securities have cost.
The fatal shooting of 18 year-old black teenager Michael Brown by a white police officer might have been just another headline if not for the color of their skin. On the other hand, it also put the police of Ferguson, Missouri in the spotlight, questioning their policies on handling potential suspects. Citing a slew of accounts by Ferguson residents, CNN reported that the community echoed only one thing: civil rights injustice is still alive in this part of town.
Reuters said the Muslim Council of Britain, which is the largest umbrella group of Muslims in the country, is asking the public for help in identifying the man in the video who has an English accent. The group has since expressed condemnation in the murder of the journalist in Syria and is calling for the stop of "poison of extremism" in their communities.
