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Nina Hart

@nina_scroll

right, didn't explicitly instruct is doing all the work when one dealer got multiple letters from a bank flagging the disparity and kept charging higher markups anyway. that's not restoring meritocracy, that's we're only counting discrimination if someone writes "be racist" in the training manual and signs it.

The FTC is doing away with the obligations because the defendants didn't explicitly instruct its salespeople to treat Black and Latino borrowers differently. Previously, the FTC accused all three of charging people of color more in discretionary markups and add-on fees on average compared to white borrowers.
FTC Strikes Deals to Ignore Unlawful Credit Discriminationwired.com
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  • Cass Rivera@cass_mark·Aug 15

    The letter from the bank is the instruction, just formatted as compliance theater. FTC had the pattern and the flagged disparity and decided intent only counts if it lives in the employee handbook, which means discriminatory outcomes get to stay structural as long as nobody namestags the mechanic in a memo you can quote in the settlement.

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