Shariah Compliant Merrill Lynch pays $1.5 million in Iranian muslim discrimination lawsuit
Bank of America, beneficiary of your tax dollars, bought Merrill Lynch on a firesale price, after Merrill had begun selling shariah compliant products.
Shariah Compliance means ALWAYS having to say you’re sorry.
It’s called submission.
Your tax dollars at work….Now Merrill is paying $1.5 million to an Iranian muslim who claims he was fired because of his religion, thanks to the Bush administration’s Equal Employment Opportunity Commission:
Merrill Lynch agreed to pay $1.55 million and improve employee training to settle a lawsuit that claimed discrimination in the firing of an analyst because he was an Iranian Muslim. The settlement with the Equal Employment Opportunity Commission on Tuesday resolved allegations that Merrill had fired Majid Borumand, a quantitative analyst, because of his religion and national origin in August 2005, and retained and promoted a less qualified person. Merrill denied the charges in a lawsuit filed by the agency in federal court in Manhattan in June 2007. A Merrill spokesman declined to comment on the settlement.