Isn't giving niggers loans that they couldn't afford what caused the meltdown in the first place?
JPMorgan Pledges Billions in Spending to Fix Racial Wealth Gap


JPMorgan Chase & Co. committed billions of dollars to help advance racial equity, including a pledge to underwrite home loans for Black and Latinx borrowers and changes to how its own executives’ progress on diversity is evaluated.

Among the plans announced Thursday, the bank said it would spend $8 billion to originate 40,000 mortgages for Black and Latinx households over the next five years. It originated $4.2 billion of such loans last year, according to U.S. government data. The $8 billion is on top of its normal lending, a spokeswoman said.

“We can do more and do better to break down systems that have propagated racism and widespread economic inequality, especially for Black and Latinx people,” CEO Jamie Dimon said in the statement. “It’s long past time that society addresses racial inequities in a more tangible, meaningful way.”

The changes are the culmination of months of discussions about how to address racial inequity sparked by this summer’s nationwide protests in the U.S. after the police killing of George Floyd. JPMorgan and other big U.S. banks have been pressured to help remedy race-based economic gaps the industry helped create. Firms including Goldman Sachs Group Inc. and Wells Fargo & Co. have promised to improve diversity among their own ranks.
https://www.bloomberg.com/news/artic...?sref=cus85deZ