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by likecarter 1184 days ago
Did anyone read the report? The summary is quite short. Seems like a nothing-burger.
2 comments

It reads a lot like what Wells Fargo did, re opening accounts, only targeting the criminal demographic.
Wells Fargo took advantage of black people and minorities, I wouldn't call them the criminal demographic. They were also the victims.
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.
hef19898 wasn't saying Wells Fargo targeted the criminal demographic, they're saying Block did.
read the report then