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Wells Fargo: Proudly Plunging Toward Bankruptcy
Townhall.com ^ | June 23, 2016 | Mike Adams

Posted on 06/23/2016 4:55:05 AM PDT by Kaslin

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To: bert
Charlotte, home of the failed Wachovia chain

Charlotte was never really home to Wachovia. First Union trashed its reputation, bought Winston-Salem based Wachovia, renamed itself Wachovia, and trashed that, too. Wachovia was a very conservatively run bank previous to that.

61 posted on 06/23/2016 8:13:09 AM PDT by RegulatorCountry
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To: lulu16

ABSOLUTELY THE POST OF THE DAY!!

(convulsing in laughter at the brilliance) !


62 posted on 06/23/2016 8:21:45 AM PDT by 3D-JOY
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To: FourtySeven

Local banks and credit unions are a better choice for a variety of reasons. One of out local banks even advertised that they never made any subprime loans. Guess they weren’t big enough to show up on Washington’s Affirmative Action radar.


63 posted on 06/23/2016 8:25:56 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: lulu16

LOL!


64 posted on 06/23/2016 8:28:27 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: RegulatorCountry

conservative but always arrogant


65 posted on 06/23/2016 8:31:03 AM PDT by bert ((K.E.; N.P.; GOPc;+12, 73, ....Opabinia can teach us a lot)
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To: lulu16

66 posted on 06/23/2016 8:32:21 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: hondact200

Had all of our banking functions thru WF but switched all functions except one to a local credit union. We maintain a no-cost checking acct with WF in order to use their network of ATM machines, and it is resupplied with one tiny direct deposit. This account was originally a First Union National Bank acct, and was grandfathered as to fees. Occasionally have to write a check out of that account to bleed it off...which is then deposited into the credit union account. The Pride advertisement at the ATM is still a slap in the face when we occasionally visit for a withdrawal.


67 posted on 06/23/2016 8:35:08 AM PDT by moovova
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To: bert

It was not the bank for a small checking account. People with larger deposits were treated well, though.


68 posted on 06/23/2016 8:46:48 AM PDT by RegulatorCountry
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To: Kaslin
Financially, the “Bankruptcy” headline on this article is completely irresponsible, and I'll speculate that someone will get in serious trouble for writing it or publishing it.

Financially, Wells Fargo is probably the strongest major bank in America.

And their stock price confirms that claim.

Wells Fargo stock is up over 40% in the last 10 years, a period of time that includes the Great Recession.

Compare that to the three largest Banking ETFs: XLF, VFH, and KBE.

Those three ETFs are down 20%-40% over the last ten years.

69 posted on 06/23/2016 10:50:33 AM PDT by zeestephen
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To: bert

And stupid, I financed a car back in the sixties with Wachovia and the payment book and other paperwork did not have the mailing address anywhere on it. I had to keep a piece of paper on which I had handwritten the address so I could send a payment to them. What kind of fool doesn’t furnish the address for you to send their money to? Any mail I ever received from them had only Wachovia Bank, Charlotte on it.


70 posted on 06/23/2016 11:55:56 AM PDT by RipSawyer (Racism is racism, regardless of the race of the racist.)
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To: Vigilanteman

You lost in court and are writing from your cell?


71 posted on 06/23/2016 12:36:26 PM PDT by ProtectOurFreedom
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To: Tax-chick

Not us, the only extra money we spend, is to up grade older items like gutters so he doesn’t have to climb a ladder to clean them. Had Lowe’s do the covered ones, and wrote it into the contract we could pay with Lowe’s gift cards we get at Kroger’s that gives us gas points. Or the retaining wall that was rotted out. Next project is removal of carpet in the living room for a medium grade wood flooring you can install yourself, as carpet attributes to the sinus issues. 1 a year.

If it was up to me DISH would be gone. But he has to have the sports pkg.


72 posted on 06/23/2016 7:33:07 PM PDT by GailA (A politician that won't keep his word to Veterans/Military won't keep them to You!)
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To: RabidBartender
... the TV commercial with the two boyfriends bringing home their adopted baby for the umpteenth time.

BINGO!!!


73 posted on 06/23/2016 8:42:55 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: moovova
The Pride advertisement at the ATM is still a slap in the face when we occasionally visit for a withdrawal.

I'm sure you know how to print labels; right?

Leave your OWN message on the machine after you use it!

Here are some starters:

Genesis 13:13
Genesis 19:9
Romans 1:24-29
1 Corinthians 6:9-11

74 posted on 06/23/2016 8:46:19 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: ProtectOurFreedom

Nope. Wells Fargo got nada.


75 posted on 06/23/2016 9:03:03 PM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: Elsie

GREAT idea.

Thanks


76 posted on 06/23/2016 9:13:24 PM PDT by moovova
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To: bert

.
Charlotte has made Frisco look conservative for the last 30 years.


77 posted on 06/23/2016 9:13:57 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: GailA

It sounds like you and your husband are using good sense. Many people treat their house like a fly-by-night investment vehicle, rather than as the place they live!


78 posted on 06/24/2016 2:39:09 AM PDT by Tax-chick ("Estos sufrimientos pasaran, y la esperanza una salida marcara." ~ Abp. Romero)
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To: Tax-chick

At our age having enough retirement money is more important, because of the Obama Depression that will take years to reverse. Cuts/guts to Medicare and Tri-Care Life. We’ve been pinching pennies ever since he went into office.

We got out of crime riddled Memphis, a 3,800 sq ft 2 story 40 year old house, and chose a 12 yr old 3 bedroom starter house. Got rid of a lot of over sized furniture too along with 35 years of JUNK. He tends toward being a hoarder of the wrong stuff. Just moving over the county line cut all insurances in half along with lower property taxes. And very little violent crime.

The one luxury I want is a adjustable king bed with a best level mattress. For many it may sound a luxury, but with my health it has become a necessity. You can’t duplicate the ‘recliner’ with pillows. I’ve been sleeping in the recliner for a year now so I have relieve from a degenerative back + Osteoporosis, non diabetic Peripheral Neuropathy and an Enlarged Heart, I don’t need the swelling legs or the pain that sends my BP into the heart attack zone from the Chronic pain. Just not found the right one yet.


79 posted on 06/24/2016 5:28:34 AM PDT by GailA (A politician that won't keep his word to Veterans/Military won't keep them to You!)
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To: GailA

Good luck finding the right mattress. Sleep is really important!


80 posted on 06/24/2016 5:42:22 AM PDT by Tax-chick ("Estos sufrimientos pasaran, y la esperanza una salida marcara." ~ Abp. Romero)
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