Black People : Verified, Subprime Vampires targeted the Black community

Discussion in 'Black People Open Forum' started by Putney Swope, Aug 28, 2009.

  1. Putney Swope

    Putney Swope Well-Known Member MEMBER

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    Former Wells Fargo Subprime Loan Officer: Bank Targeted Black Churches as Part of Predatory Subprime Lending Scheme
    Up until two years ago, Elizabeth Jacobson was the top producing loan officer in the subprime division at Wells Fargo. Today she is speaking out against the practices of her former company. Earlier this summer, she filed a sworn affidavit with a federal court in support of the city of Baltimore’s lawsuit against Wells Fargo for pushing high-interest, subprime loans onto African Americans in Baltimore and the Maryland suburbs, leading hundreds into foreclosure.

    http://www.democracynow.org/2009/8/28/former_wells_fargo_subprime_loan_officer
     
  2. Putney Swope

    Putney Swope Well-Known Member MEMBER

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    Back for further

    reference, for the sake of clarlty regarding the "blaming the victim" ideology
     
  3. Corvo

    Corvo navigator of live MEMBER

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    It's always easy to blame the victim. The victim should have been informed. It's their fault that they did not see through our deceptions..... David Rockerfeller
     
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