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Author Topic: Another pariah bank  (Read 761 times)

Hawkmoon

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Another pariah bank
« on: August 05, 2018, 02:39:50 PM »
Wells Fargo is in the news again:

https://philadelphia.cbslocal.com/2018/08/04/wells-fargo-says-hundreds-of-customers-lost-homes-because-of-computer-glitch/

It appears that Wells Fargo ranks right up there with Bank of America and United Airlines on the list of America's best-loved companies.
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RoadKingLarry

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Re: Another pariah bank
« Reply #1 on: August 05, 2018, 03:12:13 PM »
Too big to fail, too big to jail.
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just Warren

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Re: Another pariah bank
« Reply #2 on: August 05, 2018, 03:12:50 PM »
It took me two years to get clear of a dispute over $25 with them. So I can imagine when there's more money involved they're going to be even worse in their behavior.
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MechAg94

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Re: Another pariah bank
« Reply #3 on: August 05, 2018, 10:10:55 PM »
Putting managers and executives in jail will get their attention.
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Kingcreek

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Re: Another pariah bank
« Reply #4 on: August 06, 2018, 08:56:55 AM »
I do as little business as possible with the big guys. Currently have a citi card with my Costco membership but everything else is with a small local savings and loan mutual institution with no shareholders that need profitizing.
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What we have here is failure to communicate.

AmbulanceDriver

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Re: Another pariah bank
« Reply #5 on: August 06, 2018, 09:28:47 AM »
Wow..  Wells Fargo just really cannot quit stepping on their own crank while wearing golf shoes, can they.....
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Firethorn

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Re: Another pariah bank
« Reply #6 on: August 09, 2018, 12:14:27 AM »
Quote from: AmbulanceDriver on August 06, 2018, 09:28:47 AM
Wow..  Wells Fargo just really cannot quit stepping on their own crank while wearing golf shoes, can they.....

A lot of it seems to habe been inherited from them taking over Wachovia.

Plus, with any institution that size you will have the occasional(constant) problems. It is how they handle them that becomes important.

Wells Fargo seems to at least be trying to fix problems.
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