Wells Fargo, Greed and Prejudice
Wells Fargo Willfully Sells Agent Orange Homes to Low-Income and Minority Gainesville Families
Rally Against Wells Fargo’s Greed and Prejudice! Friday, July 19th 5:00-6:00pm Meet at Bo Diddley Plaza & March to Rally at Wells Fargo at 104 North Main Street
Wells Fargo spokeswoman Debora Blume told the Palm Beach Post that Wells Fargo requires their appraisers to identify contamination hazards, stating “Our agencies and investors prohibit the sale of loans when a proven property hazard affects safety and habitability.” Yet Wells Fargo continues to sell Gainesville houses that are documented to be severely contaminated with arsenic, PAH’s, and dioxins (aka agent orange) to unsuspecting low-income and minority families in neighborhoods surrounding the notorious Koppers Superfund Site, violating Florida Statutes that require full disclosure of this hazard with seeming impunity. Wells Fargo’s callous practice has brought misery to countless local families who have paid for WF’s lies with their health, even with their lives. Wells Fargo CEO John Stumpf, the highest paid CEO in US history, is still dissatisfied with his taxpayers’ bailout. Stumpf and his cronies give themselves outrageous bonuses while sentencing local families to a toxic nightmare, knowingly selling highly contaminated homes with no disclosure of the danger to homebuyers’ health and lives. This is just one of the many ways that Wells Fargo singles out innocent, vulnerable members of our community, a practice WF has been heavily fined for in other states.
Tell Wells Fargo Our Families Are Worth More Than Your Profits!
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