Changes

|publisher=First Union Corporation (wachovia)}}</ref>

|publisher=First Union Corporation (wachovia)}}</ref>

Howard Husock wrote: "The Clinton administration has turned the Community Reinvestment Act into ...a vast extortion scheme against the nation's banks. Under its provisions, U.S. banks have committed nearly $1 trillion ... A radical group called ACORN Housing has a $760 million commitment from the Bank of New York; the Boston-based Neighborhood Assistance Corporation of America has a $3-billion agreement with the Bank of America; a coalition of groups headed by New Jersey Citizen Action has a five-year, $13-billion agreement with First Union Corporation.<ref>[http://www.city-journal.org/html/10_1_the_trillion_dollar.html The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities], Howard Husock, ''City Journal'', Winter 2000</ref>  

Howard Husock wrote: "The Clinton administration has turned the Community Reinvestment Act into ...a vast extortion scheme against the nation's banks. Under its provisions, U.S. banks have committed nearly $1 trillion ... the evaluation process allowed advocacy groups a chance to express their views on individual banks, and publicly available data on the lending patterns of individual banks allowed activist groups to target institutions considered vulnerable...A radical group called ACORN Housing has a $760 million commitment from the Bank of New York; the Boston-based Neighborhood Assistance Corporation of America has a $3-billion agreement with the Bank of America; a coalition of groups headed by New Jersey Citizen Action has a five-year, $13-billion agreement with First Union Corporation.<ref>[http://www.city-journal.org/html/10_1_the_trillion_dollar.html The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities], Howard Husock, ''City Journal'', Winter 2000</ref>  

Clinton told Jim Lehrer in an interview on the PBS Newshour, January 21, 1998,

Clinton told Jim Lehrer in an interview on the PBS Newshour, January 21, 1998,