3 ms·

Did anyone read the report? The summary is quite short. Seems like a nothing-burger.

• hef19898 4y ago
  It reads a lot like what Wells Fargo did, re opening accounts, only targeting the criminal demographic.
  • likecarter 4y ago
    Wells Fargo took advantage of black people and minorities, I wouldn't call them the criminal demographic. They were also the victims.
    • Gh0stRAT 4y ago
      hef19898 wasn't saying Wells Fargo targeted the criminal demographic, they're saying Block did.
    • hef19898 4y ago
      What Wells Fargo did was despicable. What Block did, and I should have been a lot more concise, is similar in opening up multiple, and sometimes fake, accounts for show growth measured in number of accounts instead of actual deposits or clients. In that regard there are similarities. Wells Fargo targeted minorities, Block targeted criminals and fraudsters. This of course doesn't mean the people Wells targeted are criminals, as you said they were victims of Wells business practices.
• jevgeni 4y ago
  read the report then