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Banks targetted negroes for subprime loans Banks targetted negroes for subprime loans
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Old 03-12-2009, 10:54 PM   #1
Splum
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Banks targetted negroes for subprime loans
Of course they did...

Quote:
The NAACP is accusing Wells Fargo and HSBC of forcing blacks into subprime mortgages while whites with identical qualifications got lower rates. Class-action lawsuits will be filed against the banks Friday in federal court in Los Angeles, Austin Tighe, co-lead counsel for the National Association for the Advancement of Colored People, told The Associated Press.
http://biz.yahoo.com/ap/090313/naacp...imination.html
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Old 03-12-2009, 10:57 PM   #2
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Oh wow.. they actually went there. Nicely done idiots.
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Old 03-12-2009, 11:01 PM   #3
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There is a history of predatory lending taking place in poor neighborhoods. The housing boom was no different.
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Old 03-12-2009, 11:04 PM   #4
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Originally Posted by mynameisjim View Post
There is a history of predatory lending taking place in poor neighborhoods. The housing boom was no different.
It's predatory in the fact that they had a paystub, a phone bill and a pulse. This has nothing to do with what color their skin was... NAACP is a bunch of fucking retards.
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Old 03-12-2009, 11:08 PM   #5
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It's predatory in the fact that they had a paystub, a phone bill and a pulse. This has nothing to do with what color their skin was... NAACP is a bunch of fucking retards.
Whether or not they targeted just the poor, or African Americans themselves. The fact is, a disproportionate amount of African Americans received sub prime mortgages & this should be heavily investigated/resolved asap.

So would i call the NAACP idiots? Hardly! I would say they definitely have a real case of race based discrimination here & this suit will really bring it to light.
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Old 03-12-2009, 11:11 PM   #6
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The fact is, a disproportionate amount of African Americans received sub prime mortgages & this should be heavily investigated/resolved asap.
Thats because "most" black people are fucking freeloading scammers, you act like these motherfuckers didnt know they couldnt afford the houses they were getting. LOL.
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Old 03-12-2009, 11:12 PM   #7
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Vote for Voodoo as King of L.A. County. I will see to it, that no colored person will get home loans again!

This message is Obama Approved.
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Old 03-12-2009, 11:14 PM   #8
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It is no super big surprise and I know first hand from someone I know who was selling loans, they were given mapped out area's to go door to door and also place flyer's and signs.
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Old 03-12-2009, 11:15 PM   #9
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Originally Posted by Splum View Post
Thats because "most" black people are fucking freeloading scammers, you act like these motherfuckers didnt know they couldnt afford the houses they were getting. LOL.
Wow....Just wow.......alright well I'm going to go ahead & duck out of this debate.

No debate based on stereotypes or hatred is really a "debate" in the end. It's just mudslinging.

However....I do respect your right to an opinion.

That is all
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Old 03-12-2009, 11:17 PM   #10
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Wow....Just wow.......alright well I'm going to go ahead & duck out of this debate.

No debate based on stereotypes or hatred is really a "debate" in the end. It's just mudslinging.

However....I do respect your right to an opinion.

That is all
Pay him no real attention. When I got back from my illness it seems as if that nickname either was transferred or the owner went super politically retarded and then on a posting spree.
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Old 03-12-2009, 11:20 PM   #11
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No debate based on stereotypes or hatred is really a "debate" in the end. It's just mudslinging.
You are using the same stereotypes... in reverse. Think about it.
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Old 03-13-2009, 02:35 AM   #12
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low income & under educated does NOT = black...
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Old 03-13-2009, 04:18 AM   #13
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Originally Posted by After Shock Media View Post
It is no super big surprise and I know first hand from someone I know who was selling loans, they were given mapped out area's to go door to door and also place flyer's and signs.
damn conspiracy
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