Judge evicts Cook County suit alleging racism by Wells Fargo caused ’08 mortgage crisis – Cook County Record

U.S. District Judge Gary Feinerman ruled there was no evidence "disproportionately high" minority foreclosure rates were the result of racist loan practices, instead of other causes, such as the mortgage holder's income.
2 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Bosco
3 years ago

Bravo to the Judge for a reasoned and rational ruling.

Giddyap
3 years ago

This is the go-to move for leftist ambulance chasers — just add a phony claim of racism to any bogus claim, and hope you get a judge to buy it.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE