Country Club Sopranos American banks are on a massive crime spree. Obama and Romney hope you won't notice.

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Country Club Sopranos American banks are on a massive crime spree. Obama and Romney hope you won’t notice

Country Club Sopranos American banks are on a massive crime spree. Obama and Romney hope you won’t notice

Village Voice-

You wouldn’t know it by watching the news or reading the paper, but America’s banks are on the largest crime spree the country has ever known. Let’s go to the highlight reel, shall we?

In July, Wells Fargo paid a $175 million settlement after the feds caught its brokers systematically pushing minority customers into mortgages with higher rates and fees, even though they posed the same credit risks as whites.

One study found that Wells Fargo charged Hispanics $2,000 more in what the Justice Department called a “racial surtax.” The bank docked blacks nearly $3,000 extra for their own improper pigmentation.

But despite a colossal civil rights fraud perpetrated against 30,000 customers, the settlement amounted to just .011 percent of the San Francisco bank’s annual income. It was like forcing a $30,000-a-year working stiff to pay a $240 fine.

[VILLAGE VOICE]

image: Village Voice

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2 Responses to “Country Club Sopranos American banks are on a massive crime spree. Obama and Romney hope you won’t notice”

  1. nydeemarie says:

    Pg 4…

    “If justice were a bar brawl, the feds would seek out the little guy on crutches.”

    Sad but true. They lost their Creds…

  2. Joe says:

    Nydeemarie you said it right. And did you see that video of Romney what a dumb ass he’s in with the inside job. I was going to vote for him but now that I saw that video forget. The green team looks good but nobody knows about them. I just cant see the party animal in there for another four years (Obama) he’s a push over he reminds me of a rap star he’s a JOKE and Romney is one of scamsters BANKERS what a mess.

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