Tavis and Wells Fargo…What a Team!
Tavis is definitely in bed with Wells Fargo. The pair went around the country conducting financial wealth building 
seminars, selling black folks on Alternative Loans which was the clever name for “Subprime Mortgages.”
Wells’ plan for the seminars all along was to target black borrowers for higher-cost subprime mortgages, not for wealth-building, the suit charged. And the seminars were a part of the bank’s overall illegal and discriminatory practice of steering black and Hispanic borrowers into riskier and more expensive loans, the suit said.
This is your Tavis Smiley, the lover of Black Folks. He needs to admit that he is the lover of Tavis Smiley and all the ways in which he can make money off Black Folks. For shame Tavis, for shame.
In a city of Baltimore lawsuit against Wells, former employees charged that Wells Fargo loan officers referred to minority borrowers as “mud people” and called subprime mortgages “ghetto loans.” But some prominent black bloggers find the “wealth building” seminars just as egregious, and question why Smiley, Boston, and anyone else who participated in them hasn’t been called on further to account for their actions.
Hey Tom Joyner, Cybill and Jay, why don’t we hear you giggling about this in the morning.? Why isn’t this one of your “Little Know Black History” facts? Russ Parr, Steve Harvey and all other black media where are your voices on this subject. It you’d stop taking their money for commercials, maybe we could hear you.
And all of you Black Folks who bank at Wachovia…it’s now owned by Wells Fargo. Check your statements.
Here’s the entire article via The Washington Independent
As always, be well
CF
Word of the Day: alacrity Word of the Day: farrago