Easy come easy go.

Sep 2015
14,302
5,086
Brown Township, Ohio
#4
So that was what all the hubbub was about on another political discussion board. They were talking about Wells Fargo ripping off customers and I said Wells Fargo got in big trouble once before and the Feds almost shut them down back then. During the crash of 08 Buffet advised buying GE which I did but got out shortly after when GE continued to plummet. Back then people would pay Buffet one million dollars to have lunch with him. I made my small fortune market trending in mutual funds but that can't be done anymore.
 
Likes: 1 person
Jun 2013
28,864
15,452
Ohio
#5
Wells Fargo incentivized their employees to sign up their own customers with 1.5 million credit card accounts WITHOUT the consent of said customers. The gubment didn't force Wells Fargo to perpetrate this fraud. 5,300 Wells Fargo employees were fired but the executives in charge received huge compensation as their punishment.
 
Likes: 2 people
Sep 2015
14,302
5,086
Brown Township, Ohio
#6
Wells Fargo incentivized their employees to sign up their own customers with 1.5 million credit card accounts WITHOUT the consent of said customers. The gubment didn't force Wells Fargo to perpetrate this fraud. 5,300 Wells Fargo employees were fired but the executives in charge received huge compensation as their punishment.
I was heavily pressured to choose Profit Sharing rather than 401-K. I already knew that Profit Sharing did not pass the smell test having been a small business owner once before. Later I quit and they begged me to come back. I said I am moving back up to Ohio and will never look back to Georgia. I still have Georgia On My Mind.
 
Likes: 1 person
Nov 2012
17,285
5,687
Michigan
#9
I like the name Wells Fargo. It reminds me of old cowboy movies, but until some of the management goes to prison I can't imagine trusting them.
 

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