"Ghetto Loans"

Great article from the NY Times about Wells Fargo's business practices and the federal lawsuit that is accompanying those practices. The company in its words had an "emerging-market unit" or as the employees who were more honest about their racism called it, "ghetto loans" for "mud people." I will say that I need to assume anyone using the term mud people was just a racist in their own right and the company shouldn't really be judged on that. But the rest of the shit they can, so fuck 'em.