California AG Brown says customers were misled, and is suing Wells Fargo for security fraud. An amount of 1.5 Billion worth of risky securities were sold to customers " As being as safe as cash"...
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Showing posts with label wells fargo. Show all posts
Showing posts with label wells fargo. Show all posts
Thursday, April 23, 2009
Thursday, April 9, 2009
Wells Fargo:Doing Well, But Putting the Squeeze on Credit.
The markets were up today,mainly on the news that Wells Fargo will post higher profits than expected for the first quarter. However, they are reviewing retroactively all lines of credit above $6,000 by asking some very intrusive questions such as tax returns & proof of any/all assets, even for customers with impeccable track records.....
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Labels:
newsvine,
wall street,
wells fargo,
written by Gilbert Mercier
U.S. Markets Surge on Wells Fargo's Projected Record Profit
Stocks soared in early trading today after Wells Fargo projected that its first-quarter net income would come in well above analysts' expectations.However, Wells Fargo is putting the squeeze on their customers with a personal line of credit. They are currently reviewing all accounts with a balance above $6,000 with some very intrusive questions...
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Labels:
wall street,
wells fargo,
written by Gilbert Mercier
Wells Fargo pays $371.5M to "Taxpayers"? Who's Really Paid?
TARP made Wells Fargo & other Top Anointed Banks even bigger "too big to fail" banks. Fargo says taxpayers now reap A Dividend for "their" $25 billion investment: But Who really benefits from the Bait & Switch TARP TRAP? Who owns AIG? THE FED owns AIG, NOT the gov't or Taxpayers. THE FED prints "money" & owns/controlls the US Treasury & DC Whores!
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read more | digg story
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