Sunday, August 9, 2009

Tavis Smiley on Wells Fargo

In this economic climate we continue to be reminded every day that there is no perfect company. Part of the process of accountability is making sure that companies are taking steps to do the right thing, and that includes appropriate outreach to communities of color.

Our relationship with Wells Fargo began in 2005 as part of its commitment to increase financial literacy among African Americans. Those efforts included free wealth-building strategy seminars designed to help prepare attendees for their families’ futures through credit management, home ownership, investing and entrepreneurship.

[…] The partnership with Wells Fargo focused on building personal wealth, which for most Americans begins with buying a house. We partnered with Microsoft to provide information on access to technology and closing the digital divide. Our partnership with Kaiser Permanente provided consumers with information on living a healthy life.

[…] All of these programs have been free and open to the public. And, at no time has The Smiley Group, Inc. nor yours truly served as a spokesperson or representative for any company.

Regarding our 10-year history of organizing the State of the Black Union (SOBU); Wells Fargo has been one of a number of companies to serve as a sponsor. Given the fact that Wells Fargo has been an industry leader, they have partnered with many African American and Latino national civil rights organizations on various community initiatives. In addition, countless numbers of community-based and grassroots organizations across the country have been supported by Wells Fargo as well. Wells Fargo currently is not a sponsor of TSG or Tavis Smiley Foundation programs or events and will not be a sponsor for SOBU for 2010.

Finally, our mission at TSG is to empower and speak for the underserved. As such, TSG always will support any official and credible investigation of allegations of any company accused of disrespecting communities of color with discriminatory practices. It is our hope that in the most multicultural, multiracial, multiethnic America ever, communities of color will get the respect they deserve.