Wells Fargo reconsiders posh Vegas casino retreat

fraudinv at 10:49 2009-02-04 said:

So, the taxpayers bail out the bank. Then, the bank rewards themselves, pats themselves on the back and tells themselves 'job well done'!!! Is this absurd or what? I am POSITIVE that many of those at WFHM are to blame for many of the delinquencies of today. Just because they may not be as bad off as others doesn't mean they are innocent. I investgate fraud and WFHM is one of the many that we see with violations.

Maybe they should spend that money on investigating their own people insted of rewarding them!

FI Permalink

fraudinv at 10:51 2009-02-04 said:

Oh, one other thing. Let's let WFHM know how we feel about this eh?

BoardCommunications@wellsfargo.com Permalink

MakingIt at 11:12 2009-02-04 said:

Wells Fargo was forced into TARP at gunpoint by Paulsen.

http://www.wallstnation.com/TARP_10152008.html Permalink

fraudinv at 11:28 2009-02-04 said:

So, you must be bummed that you're not headed to Vegas anymore eh? Permalink

MakingIt at 13:53 2009-02-04 said:

So, you must be bummed that you're not headed to Vegas anymore eh?

? LOL - I can't afford to go to Vegas , I am in the mortgage business ! Even with a free room , I couldn't buy a drink. Permalink

BarbedWireSmile at 22:14 2009-02-04 said:

Wells forced into taking bailout money? You, my friend, have drank too much corporate Kool-Aid. That is indeed the party line. Wells is as insolvent as Citi or BofA.

And regarding the "cancellation": Wells will simply pay out additional grossed-up bonus in lieu of trip to the award winners.

That's exactly what Countrywide did. Permalink