Comments on: Bank Accused of Pushing Mortgage Deals on Blacks http://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/ A black bourgeoisie perspective on U.S. politics Fri, 10 Feb 2012 19:32:00 +0000 hourly 1 http://wordpress.org/?v=3.1 By: dish networkhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-1105426 dish network Wed, 16 Nov 2011 19:36:58 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-1105426 <strong>dish network...</strong>[...]Bank Accused of Pushing Mortgage Deals on Blacks - Jack & Jill Politics[...]... dish network…

[...]Bank Accused of Pushing Mortgage Deals on Blacks – Jack & Jill Politics[...]…

]]> By: óñëóãè ãðóç÷èêîâ ïåòåðáóðãhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-549389 óñëóãè ãðóç÷èêîâ ïåòåðáóðã Wed, 18 May 2011 16:37:03 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-549389 <strong>ãðóç÷èêè ðàçíîðàáî÷èå...</strong>gruzchiki spb... ãðóç÷èêè ðàçíîðàáî÷èå…

gruzchiki spb…

]]> By: Plantsmantxhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-344307 Plantsmantx Wed, 10 Jun 2009 07:14:47 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-344307 Here's some more detail from TPM Muckraker: <br><a href="http://tpmmuckraker.talkingpointsmemo.com/2009/06/lawsuit_wells_fargo_targeted_blacks_for_subp.php?ref=fpb" rel="nofollow">http://tpmmuckraker.talkingpointsmemo.com/2009/...</a><br><br>"According to Jacobson, Wells Fargo used black loan officers to go into black churches in Baltimore to do presentations about loans. It also ran "wealth building" seminars targeted at black people for "alternative lending," which was the company's code for subprime lending." Jacobson was told she was "too white" to lead these seminars. When she complained, she got no response. <br><br>I Googled, and sure enough:<br><br>ATLANTA, Ga., – June 2007 – Wells Fargo and talk show host and author Tavis Smiley have joined forces to provide the free Wells Fargo Wealth Building Strategies Seminar in Atlanta. The event, scheduled for Saturday, June 23, 2007 at 8:30 a.m. at the Georgia International Convention Center, is designed to help attendees learn how they may increase their wealth and prepare for their families’ futures through credit management, home ownership, investing and entrepreneurship.<br>(snip)<br><br>The free event features credit managers, financial experts and real estate professionals who will share information on building financial security and preparing for the future. Tavis Smiley, the first person ever to simultaneously host signature talk shows on the Public Broadcasting System (PBS) and Public Radio International (PRI) and the recipient of the 2007 NAACP Image Award for Outstanding News, Talk or Information Series, will provide the keynote address. Here's some more detail from TPM Muckraker:
http://tpmmuckraker.talkingpointsmemo.com/2009/…

“According to Jacobson, Wells Fargo used black loan officers to go into black churches in Baltimore to do presentations about loans. It also ran “wealth building” seminars targeted at black people for “alternative lending,” which was the company's code for subprime lending.” Jacobson was told she was “too white” to lead these seminars. When she complained, she got no response.

I Googled, and sure enough:

ATLANTA, Ga., – June 2007 – Wells Fargo and talk show host and author Tavis Smiley have joined forces to provide the free Wells Fargo Wealth Building Strategies Seminar in Atlanta. The event, scheduled for Saturday, June 23, 2007 at 8:30 a.m. at the Georgia International Convention Center, is designed to help attendees learn how they may increase their wealth and prepare for their families’ futures through credit management, home ownership, investing and entrepreneurship.
(snip)

The free event features credit managers, financial experts and real estate professionals who will share information on building financial security and preparing for the future. Tavis Smiley, the first person ever to simultaneously host signature talk shows on the Public Broadcasting System (PBS) and Public Radio International (PRI) and the recipient of the 2007 NAACP Image Award for Outstanding News, Talk or Information Series, will provide the keynote address.

]]> By: Plantsmantxhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-214074 Plantsmantx Wed, 10 Jun 2009 03:14:47 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-214074 Here's some more detail from TPM Muckraker: <br><a href="http://tpmmuckraker.talkingpointsmemo.com/2009/06/lawsuit_wells_fargo_targeted_blacks_for_subp.php?ref=fpb" rel="nofollow">http://tpmmuckraker.talkingpointsmemo.com/2009/...</a><br><br>"According to Jacobson, Wells Fargo used black loan officers to go into black churches in Baltimore to do presentations about loans. It also ran "wealth building" seminars targeted at black people for "alternative lending," which was the company's code for subprime lending." Jacobson was told she was "too white" to lead these seminars. When she complained, she got no response. <br><br>I Googled, and sure enough:<br><br>ATLANTA, Ga., – June 2007 – Wells Fargo and talk show host and author Tavis Smiley have joined forces to provide the free Wells Fargo Wealth Building Strategies Seminar in Atlanta. The event, scheduled for Saturday, June 23, 2007 at 8:30 a.m. at the Georgia International Convention Center, is designed to help attendees learn how they may increase their wealth and prepare for their families’ futures through credit management, home ownership, investing and entrepreneurship. Here's some more detail from TPM Muckraker:
http://tpmmuckraker.talkingpointsmemo.com/2009/…

“According to Jacobson, Wells Fargo used black loan officers to go into black churches in Baltimore to do presentations about loans. It also ran “wealth building” seminars targeted at black people for “alternative lending,” which was the company's code for subprime lending.” Jacobson was told she was “too white” to lead these seminars. When she complained, she got no response.

I Googled, and sure enough:

ATLANTA, Ga., – June 2007 – Wells Fargo and talk show host and author Tavis Smiley have joined forces to provide the free Wells Fargo Wealth Building Strategies Seminar in Atlanta. The event, scheduled for Saturday, June 23, 2007 at 8:30 a.m. at the Georgia International Convention Center, is designed to help attendees learn how they may increase their wealth and prepare for their families’ futures through credit management, home ownership, investing and entrepreneurship.

]]> By: Anonymoushttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-505490 Anonymous Tue, 09 Jun 2009 13:55:00 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-505490 I am surprised by this at all. I wonder how many other banks have done the same thing. Of course it's not being reported on the news. Too busy trying to prove that our President is failing, instead being actually journalists. I am surprised by this at all. I wonder how many other banks have done the same thing.
Of course it’s not being reported on the news. Too busy trying to prove that our President is failing, instead being actually journalists.

]]> By: Anonymoushttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-505491 Anonymous Tue, 09 Jun 2009 13:55:00 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-505491 I am surprised by this at all. I wonder how many other banks have done the same thing. Of course it's not being reported on the news. Too busy trying to prove that our President is failing, instead being actually journalists. I am surprised by this at all. I wonder how many other banks have done the same thing.
Of course it’s not being reported on the news. Too busy trying to prove that our President is failing, instead being actually journalists.

]]> By: spirit_55zhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213402 spirit_55z Tue, 09 Jun 2009 00:51:33 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213402 "Lemme terll you RIGHT quick...<br><br>"HATERATION/ACCOUNTABILITY, <br>PART X, The Soul Patrol's Road Trip"<br><br><a href="http://www.fclo.com/pictures/Wells%2520Fargo%2520Wagon.jpg" rel="nofollow">http://www.fclo.com/pictures/Wells%20Fargo%20Wa...</a> “Lemme terll you RIGHT quick…

“HATERATION/ACCOUNTABILITY,
PART X, The Soul Patrol's Road Trip”

http://www.fclo.com/pictures/Wells%20Fargo%20Wa…

]]> By: CPLhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213356 CPL Mon, 08 Jun 2009 23:10:32 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213356 Miranda, he has to disown the fact he's been taking payola from Wells Fargo to finance his Annual Negro Super Bowls for the past 10 years.<br><br>And I'll laugh the loudest if he attempts to bite the hands that have fed his sorry ass. Miranda, he has to disown the fact he's been taking payola from Wells Fargo to finance his Annual Negro Super Bowls for the past 10 years.

And I'll laugh the loudest if he attempts to bite the hands that have fed his sorry ass.

]]> By: Admiral_Komackhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213345 Admiral_Komack Mon, 08 Jun 2009 22:49:56 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213345 "Hateration: It's What's For Dinner" “Hateration: It's What's For Dinner”

]]> By: rikyrahhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213306 rikyrah Mon, 08 Jun 2009 21:08:18 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213306 AFTERNOON OPEN THREAD IS UP!! AFTERNOON OPEN THREAD IS UP!!

]]> By: Plantsmantxhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213282 Plantsmantx Mon, 08 Jun 2009 20:18:45 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213282 "there will be the "we have a committment from Wells Fargo to"..and insert whatever lil trinkets you think Wells Fargo will throw..."<br><br>Yes, and no doubt some of those trinkets will be thrown at Tavis. “there will be the “we have a committment from Wells Fargo to”..and insert whatever lil trinkets you think Wells Fargo will throw…”

Yes, and no doubt some of those trinkets will be thrown at Tavis.

]]> By: Mirandahttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213259 Miranda Mon, 08 Jun 2009 19:30:39 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213259 Yep...wonder what the title of this book will be? Hateration? Yep…wonder what the title of this book will be? Hateration?

]]> By: Admiral_Komackhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213232 Admiral_Komack Mon, 08 Jun 2009 18:29:11 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213232 I was wondering what "Mr. Accountability" would say about this.<br><br>He'll just blame the President...while hawking another book. I was wondering what “Mr. Accountability” would say about this.

He'll just blame the President…while hawking another book.

]]> By: Mirandahttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213227 Miranda Mon, 08 Jun 2009 18:15:40 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213227 Get ready people...Tavis is about to go on his "I'm their biggest critic!" tour....watch and see. That will be the phrase you hear from him every 10 seconds...."I'm their biggest critic".....and there will be the obligatory "meeting" with the head honchos of Wells Fargo.....there will be the "we have a committment from Wells Fargo to"..and insert whatever lil trinkets you think Wells Fargo will throw....oh, and there are some black preachers that will be singing back-up on this tour. Its all for naught though because this ain't going away with some empty promises. No sirree, Wells about to ante up to these homeowners, period. We need to make sure to get the word out to people not to sign anything coming in their mailbox regarding Wells Fargo and their loan - one of the "if you sign here and take this enclosed check you forfeit your rights to any......".....nope....I see that coming down the pipeline. Its a ways off, but its certainly coming. Hold on tight, the roller coaster just taking off. Get ready people…Tavis is about to go on his “I'm their biggest critic!” tour….watch and see. That will be the phrase you hear from him every 10 seconds….”I'm their biggest critic”…..and there will be the obligatory “meeting” with the head honchos of Wells Fargo…..there will be the “we have a committment from Wells Fargo to”..and insert whatever lil trinkets you think Wells Fargo will throw….oh, and there are some black preachers that will be singing back-up on this tour. Its all for naught though because this ain't going away with some empty promises. No sirree, Wells about to ante up to these homeowners, period. We need to make sure to get the word out to people not to sign anything coming in their mailbox regarding Wells Fargo and their loan – one of the “if you sign here and take this enclosed check you forfeit your rights to any……”…..nope….I see that coming down the pipeline. Its a ways off, but its certainly coming. Hold on tight, the roller coaster just taking off.

]]> By: spirit_55zhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213220 spirit_55z Mon, 08 Jun 2009 17:54:04 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213220 "mud people," the craziness ceases to end, fucking CRACKAS! “mud people,” the craziness ceases to end, fucking CRACKAS!

]]> By: RobMhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213212 RobM Mon, 08 Jun 2009 17:39:45 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213212 Fredo and the Citicrew refuse to deal w/ reality:<br>“This is not about Pandit himself,” said Joshua Rosner, managing director at New York research firm Graham Fisher & Co. “Sheila Bair appears to be the only prudential regulator in Washington who has any understanding of the need to force the disgorgement of troubled assets from troubled institutions. You can’t have a healthy banking institution without doing that.” <br>Holding bad assets negates the ability tolend as all the capital of the bank is their to keep the bank "solvent". If you shut them down and take the assets on the <br>'real" books of the taxpayers the deposits are available for other people to use to support banks. Fredo and the Citicrew refuse to deal w/ reality:
“This is not about Pandit himself,” said Joshua Rosner, managing director at New York research firm Graham Fisher & Co. “Sheila Bair appears to be the only prudential regulator in Washington who has any understanding of the need to force the disgorgement of troubled assets from troubled institutions. You can’t have a healthy banking institution without doing that.”
Holding bad assets negates the ability tolend as all the capital of the bank is their to keep the bank “solvent”. If you shut them down and take the assets on the
'real” books of the taxpayers the deposits are available for other people to use to support banks.

]]> By: RobMhttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213210 RobM Mon, 08 Jun 2009 17:37:18 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213210 This is a place for the AG to stepup w/ an investigation. Think how many people would have ahd a regular mortgage that they could remortgage at signifcantly lower rates. This would avoid foreclosures(which will be discovered as the new redlining) which destroy the tax base of cities and states, harm school funding and reduce services This is a place for the AG to stepup w/ an investigation. Think how many people would have ahd a regular mortgage that they could remortgage at signifcantly lower rates. This would avoid foreclosures(which will be discovered as the new redlining) which destroy the tax base of cities and states, harm school funding and reduce services

]]> By: Justice58http://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213201 Justice58 Mon, 08 Jun 2009 17:24:44 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213201 <i>Another loan officer stated in an affidavit filed last week that employees had referred to blacks as “mud people” and to subprime lending as “ghetto loans.”</i><br><br><br>SMGDH! Mofos! Another loan officer stated in an affidavit filed last week that employees had referred to blacks as “mud people” and to subprime lending as “ghetto loans.”

SMGDH! Mofos!

]]> By: Justice58http://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213200 Justice58 Mon, 08 Jun 2009 17:22:48 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213200 I'm screaming with laughter! You're so bad!<br><br>LMAO! I'm screaming with laughter! You're so bad!

LMAO!

]]> By: Sepiahttp://www.jackandjillpolitics.com/2009/06/bank-accused-of-pushing-mortgage-deals-on-blacks/comment-page-1/#comment-213199 Sepia Mon, 08 Jun 2009 17:15:53 +0000 http://www.jackandjillpolitics.com/?p=12022#comment-213199 LMBAO! LMBAO!

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