Wells Fargo’s shit filled diaper begins to leak!

From here:

California, the nation’s largest issuer of municipal bonds, is barring Wells Fargo & Co. from underwriting state debt and handling its banking transactions after the company admitted to opening potentially millions of bogus customer accounts.

The suspension, in effect immediately, will remain in place for 12 months. A “permanent severance” will occur if the bank doesn’t change its practices, State Treasurer John Chiang said Wednesday.

It’s hard to tell if Wells Fargo’s recent opening of 2 million unauthorized accounts is dumber than Chris Christie’s stopping traffic on the George Washington Bridge.

How do you think you can get away with opening 1.5-2 million credit card and bank accounts without customer approval and think you can get away with it.



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s