In the following video, Motley Fool contributor John Reeves tells investors why he's not buying shares of Bank of America (BAC -1.07%) today. John discusses several shady practices the bank's former employees have accused it of, including using the Home Affordable Modification Program, or HAMP, as a tool to get as much money out of borrowers as possible before foreclosing. John frames this as a bank putting shareholder interests ahead of customer interests, something he would never touch as an investor.
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