Everyone wants the economy to bounce bank, and the president�s not wrong to believe that the way to revive things is to boost confidence.

But if mass confidence is what it�s going to take, the people at the bottom of our economic pyramid need hope -- not only that they�ll have jobs again and homes to keep � but protection against mortgage crooks � and restitution if they�ve been scammed.

The city of Baltimore is currently pursuing a suit against Wells Fargo.

Wells Fargo stands accused of disproportionately denying minority consumers favorable loans while targeting them for subprime ones with high interest rates, mandatory arbitration clauses and punitive prepayment penalties.

In court papers, Elizabeth Jacobson, who was one of Wells Fargo�s top loan officers said, �Wells Fargo mortgages had an emerging markets unit that specifically targeted black churches, because it figured church leaders had a lot of influence and could convince congregants to take out subprime loans.�

According to another bank officer, the bank even used software, �to translate marketing materials into various languages, including something called �African American.� Tony Paschal (that second loan officer) contends that the subprimes had sub-names -- �ghetto loans� -- their recipients �mud people.�

This isn�t small stuff. It�s huge. Wells Fargo has faced similar complaints since the 1990s and Baltimore�s just one example. Similar suits have been filed in Texas, Tennessee, and California. And Wells Fargo, which denies the charges, is not alone. Joining them are most if not all of the nation�s top bailout recipients including JPMorgan Chase and Citigroup.

If the president really wants the economy to bounce back, confidence needs to be restored.

Wells Fargo -- which, according to the FCC, gave out nearly $1 million in campaign contributions and spent $3.6 million lobbying federal officials in the same period -- stands accused.

We�ve become all too familiar with banks deemed �too big to fail.� Are some also too big to jail?