Thread regarding Wells Fargo & Co. layoffs

Another Investigation

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.hud.gov/news/hud-no-26-081&ved=2ahUKEwjovsrG5oKYAxXnK1kFHdHQOVYQFnoECCMQAQ&sqi=2&usg=AOvVaw3YMKidn74RhKWlCzioM9Rh

  1. "The black talent pool is limited."
  2. Requirement of diverse candidates on all jobs over $100K --> fictitious interviews with diverse candidates --> settlement with investor pool over said fictitious interviews.
  3. Gutting the mortgage program and investment to increase black/minority mortgages, with presumably separate underwriting standards --> investigation into violation of Fair Lending Act.

Wonder how much more support black minorities can take. Let me guess, it was Stumpf's fault.

#Investigation #DEI #Ethics #HiringProcess #Regulations
by Anonymous
| 10 views | | 4 replies (last 2 hours ago) | Reply
Post ID: @OP+1m788f2et
Comment! It's anonymous!

4 replies (most recent on top)

@a6 Englash much? "Also this administration hates anything that helps anyone other them"

by Anonymous
| | Reply
Post ID: @av+1m788f2et

@a6 - Race is not stated on mortgage applications - employment history & credit score are not based on race. This is on you as a an adult... some need help everywhere

by Anonymous
| | Reply
Post ID: @aa+1m788f2et

I wonder if the OP and the commenter was in an uproar when qualified minority candidates were getting passed over for roles and mortgages years ago? Miss us with the selective outrage. Also this administration hates anything that helps anyone other them. Guide your anger to the politicians and administration that allows these institutions to ship roles to countries they don’t do actual business in.

by Anonymous
| | Reply
Post ID: @a6+1m788f2et

nah companies hire unqualified people of color to avoid appearance of disparate impact and then they fire them with severance so they keep their mouths shut and dont sue

by Anonymous
| | Reply
Post ID: @a2+1m788f2et

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