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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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In this episode, we review the US Subprime Mortage crisis from the lense of Blackamericans. First, we cover how the US banking system has discriminated against minorities by blocking them from utilizing government subsidies loan programs. Then we cover how the banking system, after allowing minorities access, targeted them using predatory sales tactics and products. Finally, we cover an alternative solution that would have prevented such atrocities and would be more conducive to empowering communities and protecting Black wealth.
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