Ever misplace your wallet? Ugh, hate days like that. Wells Fargo is having one, as they have apparently lost $328M to an unexplained “credit event.” Barron’s wants to know what happened. (via)
Exclusive deals, featured events, and the latest from MNSpeak, delivered straight to your inbox.
" How about a roadmap?" reading a map while driving is no better than texting.
They could have made a compilation video like that with just my wife's driving but it would have exceeded YouTube's duration limit.
And yes, Maz, it was a woman parallel parking and talking on the phone at the same time.
I've seen people parallel parking while they're talking on the telephone. It's crazy. You can't stop for the 45 seconds it takes to back into a par...
"My phone is also my music player and my GPS unit. I could see needing it for things other than talking/texting."That's a huge problem in many area...
We want a Wal-Mart or a Super Target. Have Kohls move adjacent to them.I don't want a stadium because that will put way too much traffic onto Hwy 1...
Perhaps both aliecat and The Rat shold take their concerns directly to the Park & Rec Board, and ask them about the motivation for smoke-free p...
You're not setting a bad example, and the Park and Rec board doesn't give a Tinker's Damn about the example you set for kids. It's adults that are ...
I'm not really interested in setting a good example for kids I don't know, Bob. That's not really my job. Christ, it's not like smoking...
Who'd be scared to call that Cupcake? He looks like a cupcake with a head.
© 2002-2009 Entropy Publishing, LLC.
No part of this site may be reproduced in any form without the express written permission of Entropy Publishing, LLC. except that an individual may print for personal use and/or forward articles via e-mail to a reasonable number of recipients for personal, non-commercial purposes.
9 Reader Comments
1:55 pm
On Jan 29, my good friend wrote of Wells Fargo:
“Wells Fargo’s “correction” to their book value per share after the bell was pretty good too. They said $23/share at the beginning of the day, then “oops, we meant $16” after trading was done.”
WTF is going on with that company.
2:03 pm
I think Uncle Billy left the cash in the newspaper again… That Mr. Potter will be the death of us all!
2:03 pm
And Wells Fargo was considered to be one of more likely survivors.
I’m starting to believe that our entire financial system is totally fucked, and only a complete dismantling,and rebuilding has any hope of allowing us to recover.
We should probably put some kind of cap on how large banks will be allowed to grow, too.
2:05 pm
Cue the Wells Fargo “screwed me over and I’ll never do business with them again” comments…
2:10 pm
@mnblrmkr
Wells is a conservatively and well run bank hence it wasn’t sucked into the sub-prime mess. It will easily survive.
Besides Wells hasn’t taken on a large merger since Norwest bought Wells. There is a reason for this – they are a royal pain. The Wakovia deal is throwing some wrenches into their normally stable processes. Personally I am surprised they took on such a large deal.
2:33 pm
I give up, it was me.
Two weeks ago, Amazon emailed me to say that someone had run up charges on a different account with the same credit card as mine. Why anyone would spend $100 on downloaded music and movies you can pirate for free, I don’t know. I called and canceled that card.
The replacement showed up at work on Monday in an opened envelope. Five minutes after I called to have it canceled, the mailroom explained that HR opened improperly addressed mail (leaving a note would be nice).
A day or two later, Wells Fargo had an urgent call about fraud on my account… oh great, here we go again. The automated system couldn’t navigate me around with the old or the new card’s information, but they called back again, and let me know that someone had tried to buy ten bucks’ worth of gas in South Africa with my other account’s VISA number.
So here I sit with about fifteen bucks to my name until I can get to the bank and get money from a teller and/or find a place that takes checks…
5:02 pm
“Why anyone would spend $100 on downloaded music and movies you can pirate for free,”
Maybe they don’t like to steal.
Chumps to you?
3:43 pm
I’ve been a Wells customer for years (Norwest b/4 the merger) and have never had a complaint. Except that they always call my dad if I’m late on a student loan payment…shame works.
I’m actually hoping to apply there when I get my MBA.
3:45 pm
Also, they’re very stingy and careful with all kinds of lending, from student loans, credit, and mortgage. Probably why they’re in good shape now, like someone else said.