feelosofer
#ninergang
I don't like to use those large banks, I use a smaller local bank (Investor's Bank) in North Jersey, I been using them for like 25 years. Very happy and I like their service.
maybe im slow or you are slow, what i am saying is that YOU WILL run into wells fargo type schemes, thats why you need to shop aroundshopping around for the best deal doesn't mean you won't run into 2 or 3 wells fargo type schemes along the way
what if, wells fargo's scheme was actually the best deal....how does that not impact society as a whole
the story and settlement shows that 1. minorities do get singled out by corporations for simply being minorities and 2. that unless you have the backing of the judicial department and city of baltimore, you too could be screwed
again, for the ppl that think "this won't happen to me"....what if its happening to you right now??? regardless of how much you like your current loan contract, what if you could be getting an even better deal??? wouldn't you want the justice department to lookin into that for you
c'mon breh
Sounds like a good time to finance a home through Wells Fargo since I am black and in bmore. No way they are going to jerk me after settling a lawsuit that large!
maybe im slow or you are slow, what i am saying is that YOU WILL run into wells fargo type schemes, thats why you need to shop around
So lets just extrapolate on this point, that its a foregone conclusion that you will run into a wells fargo type scheme.
Again, the scheme deals with 2 parts: the first being a consumer, the second being black.
Your argument only deals with windfall of being a consumer (i.e just search for a better deal). <-- which I agree with, when all else is constant
My argument wrt the justice department, deals with the windfall of being black (i.e: a better deal never exist when you go searching because you're black).
You argue, "they took the deal offered instead of shopping around." And then later say, "You are giving advice on how to be a scared negro." Yet ignoring the fact that being a negro was the only reason they were steered to these loans in the first place. I'm not arguing whether or not they should/shouldn't have signed a bad contract (that's irrelevant). I'm arguing that Wells Fargo's compliance department should never have allowed it to happen in the first place. Negligence on behalf of the bank is the reason that the action was allowed to take place in the marketplace by the independent company.
To your point about: "What exactly makes you think that im against the justice dept looking into this?" I see your post. I know you're not against it. You're just to smart for the situation and placing your individual self in the shoes of the baltimore citizens.
People "not banking" at Wells Fargo forces them to take an "active" role in this issue. Essentially that is what the quality control/compliance department is supposed to do. But you know, corporate responsibility is only "active" when its an initiative to drive profits and maintain your market percentage.
Sounds like a good time to finance a home through Wells Fargo since I am black and in bmore. No way they are going to jerk me after settling a lawsuit that large!
this story and this specific story about wells fargo came out a long time ago, that was the time to be boycotting wells fargo, your advice would have made sense then, but with this settlement i think its pretty much over, its too late to get your naacp on
just stick to business, its bad business advice to say that negros should avoid banking with one of the biggest banks in the country over something that has been settled
Wells Fargo took over Wachovia's assets......so I can only assume alot of this was when Wachovia was independent...
So because they settled with baltimore, the issue isn't taking place anywhere else?
You're seriously wildin right now for ignoring the racial undertone of this issue on a national level
I'm not getting my naacp on. I'm talking as a citizen who can easily flip this situation into multiple areas of concern.
Edit: And I'm not being emotional or anything. But hey, if the issue "could" affect me, I'd want my state government and the banks to prove to me that its not happening in my area.
this story and this specific story about wells fargo came out a long time ago, that was the time to be boycotting wells fargo, your advice would have made sense then, but with this settlement i think its pretty much over, its too late to get your naacp on
just stick to business, its bad business advice to say that negroes should avoid banking with one of the biggest banks in the country over something that has been settled
twism, stop embarrassing yourself please
thanks, hl