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Wed, 28 Nov 2012, 8:47am PST
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It's a legal settlement _umbass
It's a pretty damn good one, too. For WF. They have a great way to get some number of people to borrow up to $80k more money from them, to pay back with interest. Not a bad punishment!
Wed, 28 Nov 2012, 9:10am PST
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Updated and Corrected.
The CityLIFT program is a part of the broader settlement (something not mentioned in the Tribune article). But the issue still remains that this is a pretty lousy use of settlement funds.
Actually, a pretty damn immoral one.
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