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June 9, 2026 9 mins

Mimi Brown breaks down the day. The Jury in the Carmelo Anthony case listened to the closing arguments from prosecution and defense. A federal judge approves a settlement to help low to moderate income borrowers pay for their mortgages. Meta begins to send consumers payments related to their $725 million settlement. Plus, the Front Page Two-Minute Take.

From the Black Effect Podcast Network.

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Speaker 1 (00:05):
The murder trial of Carmelo Anthony continues in Texas, with
new testimony expected as the case enters another critical day
in court.

Speaker 2 (00:12):
What they're going to want to do is have witnesses
that can establish exactly what was going on.

Speaker 1 (00:17):
And Will Spargo has agreed to a one hundred million
dollar mortgage assistance fund after years of accusation the bank
discriminated against black boowers.

Speaker 3 (00:25):
My objective here is to shine a light and if.

Speaker 1 (00:29):
You're a Facebook user, a second settlement check could start
hitty inboxes and bank accounts as soon as today.

Speaker 3 (00:35):
Well, this is going to be a nationwide settlement.

Speaker 1 (00:38):
It's Tuesday, June ninth, from the Black Effect Podcast Network.
I'm Memi Brown. This is Front Page and here are
the day's biggest stories plus today. On the two minute tape,
they keep telling you the economy is strong. Your bank
account says otherwise. Stay with me. Closing arguments began this morning,

(01:00):
Tuesday morning, in the Carmelo Anthony murder trial. After today,
the jury gets the case. If you've been listening to
Front Page, you know where we are. Carmelo Anthony, nineteen
years old, is on trial for a first degree murder
for the twenty twenty five stabbing death of seventeen year
old Austin Metcalf at a Frisco track meet. Anthony has
claimed self defense from day one. The prosecution, though, says

(01:23):
it was murder. Now, let me walk you through the
trial and how it moved over the last few days.
The prosecution rested its case on Saturday. Their final witness
was the medical examiner, doctor Elizabeth Ventura. She testified that
Austin Metcalf's stab wound went straight into his heart. She
testified that the wound was quote unsurvivable, but she also

(01:44):
told Juras the autopsy could not determine how much force
Carmelo Anthony used. Then the defense started its case. The
defense called Anthony's football and track coach, Adam Linwood. The
coach told the jury that it was common at track
meets for athletes to share tints with competitor, especially during
weather delays. He said he was unaware of any rule

(02:04):
barring athletes from sitting under another school's tint. That testimony
pushed back on the prosecution's framing that Anthony had no
business being under the Memorial High School tint in the
first place.

Speaker 2 (02:16):
When you are in a trial, you are sort of
charged with one offense, but during the course of the trial,
different things come up. Right, So maybe there's evidence now
that a lesser offense was included, And if there is,
then the jury deserves the ability to consider that as
a potential sort of guilt or not guilt versus your

(02:37):
charged offense. Right, Because again we know here in Texas,
murder is a results oriented crime. Right, I intended to
cause the result of death. If that's what you believe
beyond all reasonable doubt, then I'm guilty of murder. But
if that's not what you believe, then what is something
else that you may have heard during the course of
the trial that could also be true? And in this
particular case, if we're talking about manslaughter, then you may

(03:01):
believe that I recklessly cause the death of another. And
if that's what you believe beyond all reasonable doubt, then
I'm guilty of manslaughter. Or you may believe that I
acted out of self defense. I did it, you did it.
It was intentional all of the things, but there was
a justification for it. And if that's the case, then
I'm not guilty because I was acting out of self defense.

Speaker 1 (03:21):
Closing arguments are set to begin at nine am Central
today and after closing, the jury gets the case. The
judge in the case has told the jury they can
deliberate as long as they want. If they cannot reach
a verdict by the end of the day, they are
going to a hotel sequestered without their phones until they
come back to the courthouse Wednesday morning. The trial could
be over by Wednesday night. The legal question is narrow.

(03:44):
Did Carmelo Anthony reasonably believe his life was in immediate
danger when he pulled out the pocket knife? Under Texas law,
a person is allowed to use deadly force if they
reasonably believe the force is quote immediately necessary, and if
the force is quote proportionate to the threat, but they
can't be the aggressor and they can't be engaged in

(04:05):
criminal activity at the time. So twelve jurors, none of
them black, are going to weigh in whether a five
foot eight, one hundred and thirty pound nineteen year old
reasonably feared for his life when he was confronted by
a six foot one, two hundred and fifteen pound seventeen
year old whose twin brother is the same size. We

(04:25):
are watching and we will update you when there's a
verdict if you've ever felt like buying a home was
harder for black families even when the numbers look the same.
This story is about that a federal judge has now
approved a one hundred million dollar mortgage assistant settlement involving

(04:45):
Wells Fargo, and the money is supposed to help low
and moderate income borrowers, especially in communities that have historically
faced discrimination when trying to buy a home. Now, this
all traces back to twenty twenty two, when Wells Fargo
came under fire. A or New York Times investigation accused
the bank of conducting so called fake interviews with black
and women job applicants, interviews for jobs that allegedly were

(05:09):
never really available, just held to satisfied diversity requirements on paper.
So that story sparked lawsuits from shareholders who said the
bank's leadership ignored deeper problems inside the company, and one
of the biggest accusations involved mortgage lending. Charlie Sharp said
that the reason why we didn't have at the firm

(05:30):
more qualified African Americans and leadership rules because they're not
out there. This is our CEO. For years, studies and
investigations have shown black borrowers were more likely to be
denied home loans or approved on worse terms, even when
they had similar financial profiles to white borrowers. The settlement
creates a one hundred million dollar assistance fund that can

(05:52):
be used for things like down payments and closing costs,
and more than fifty regions across the country. And if
you've ever tried to buy a home, you already know
sometimes it's not the monthly mortgage payment that stops people,
it's the coming up with the thousands of dollars up
front just to get into the door. Now, the program
is expected to launch within the next few months and
stay active for at least three years, and Wells Fargo

(06:13):
says it did nothing wrong, but the bank agreed to
the settlement to quote avoid the costs and uncertainty of
continuing the lawsuit. So if you live in a low
or moderate income area, pay attention to this program when
it launches. We'll keep you updated on how to apply
and who qualifies. Well, it's Tuesday, which means it's time

(06:36):
for the front page two minute take every Tuesday two minutes.
One thought a little more honesty, And today we're talking
about the gap between what the economy is doing, and
what your money says it's doing. You heard the Friday
jobs report, one hundred and seventy two thousand jobs added.
Wall Street called it quote hayroll blowout. But you also
walk into the grocery store and I'm sure you fill

(06:57):
the gap. So here's the take. If the economy is
so strong, why does your paycheck feel smaller? Why is
rent up another fifty dollars? Why is your car insurance
up two hundred and why does a tank of gas
cost what dinner used to cost. Black unemployment is seven
point three percent. The white unemployment rate is three point
six percent. That is the widest gap in over a year.

(07:19):
We just heard Wells Fargo's paying one hundred million dollars
to start fixing decades of mortgage discrimination. That sounds big,
but one million dollars is half a percent of one
year of Wells Fargo's mortgage business. The black wealth gap
in this country is estimated at over ten trillion dollars.
Settlements are not justice, reports are not reality, And just

(07:40):
because a stock market hits a record doesn't mean your
family is doing okay. So here's what I want every
front pager to hear today. Your lived experience is data.
The grocery bill is data, the unanswered job applications are data,
and the medical bills you cannot pay is data. When
the headlines tell you the economy is strong, but you
know otherwise, trust that because you're not the only one

(08:02):
feeling it. You're just the only one not quoted in
the report. That's your Tuesday to minute take. Let's end
the show with something that could actually put a little
money back in your pocket. If you've ever had a
Facebook account, check your email. This week, a second round

(08:23):
of payments tied to metas seven hundred and twenty five
million dollar privacy settlement is starting to go out.

Speaker 3 (08:29):
Well, this is going to be a nationwide settlement, involves
claimants from around the country. If you remember the Cambridge
Analytical scandal, Facebook for years was not being particularly honest
about what information it shared with third parties, even when
you set your privacy settings to not share information with

(08:50):
third party So anybody who had a Facebook account from
if I recall correctly, May of two thousand and seven
all the way up to the end of twenty twenty
two is eligible to be part of the case.

Speaker 1 (09:02):
Meta still denies any wrongdoing, but the company agreed to
the settlement and the second round is happening because a
lot of people never cash the first checks. Some people
ignore the email, some people change bank accounts, and some
people thought it was spam. So now that leftover money
is being redistributed to people who actually cash their first payment.
So if you got paid the first time, you could

(09:23):
be getting another payment. Also, don't expect a huge check.
The second payment is coming from leftover money, so most
people will likely get less than they did the first time.
But here's the bad news. If you never filed the
claim originally, unfortunately, you are not eligible for the payment.
Now that's your front page. I'm Mimi Brown. This podcast

(09:44):
was brought to you by the Black Effect Podcast Network.

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