Wells Fargo 2016

Over 18 ONLY! For grown-ups. . .

Moderators: Amskeptic, Sluggo

User avatar
asiab3
IAC Addict!
Location: San Diego, CA
Contact:
Status: Offline

Wells Fargo 2016

Post by asiab3 » Tue Sep 20, 2016 3:14 pm

For the last seven years or so, Wells Fargo employees across the world have opened accounts without 100% consent from customers.

There is currently an investigatory team in the Senate working on figuring out what is going on. The House hearings started about two weeks ago. Interestingly enough, the Senate investigation team is made up of 22 bipartisan Senators though only TWO of the members of the committee have NOT received money from the Wells Fargo Political Action Committee. One of the two un-Pac'd Senators, Elizabeth Warren, can be observed in her natural habitat: calling out bullshit corporate greed for what it is, here:

https://www.youtube.com/watch?v=sOBmn0xU7wY


For the record, the other Senator is Republican David Vitter, LA. Twenty other members of the Committee on Banking, Housing, and Urban Affairs are allegedly in the pocket of Wells Fargo's PAC.

Time to go find a new bank/CU,
Robbie


Senate Committee hearing full webcast:
http://www.banking.senate.gov/public/in ... 8288EC9DA0

All Wells Fargo PAC recipients:
https://www.wellsfargo.com/about/corpor ... -relations

Senate Committee members who have received money from Wells Fargo PAC, and amount:
Republicans:
Ben Sasse, Nebraska 3,500
Bob Corker, Tennessee 2,500
Dean Heller, Nevada 2,500
Jerry Moran, Kansas 9,000
Mark Kirk, Illinois 7,500
Mike Crapo, Idaho 6,000
Patrick J. Toomey, PN 4,500
Richard Shelby, Alabama 4,500
Tim Scott, South Carolina 9,500
Tom Cotton, Arkansas 5,000

Democrats:
Charles Schumer, NY 6,500
Heidi Heitkamp, ND 3,000
Jon Tester, Montana 4,000
Sherrod Brown, Ohio 2,000

EDIT: Still working on cross referencing the lists to find the remaining board members who took money.
1969 bus, "Buddy."
100k miles with me.
279k miles on Earth.

User avatar
MountainPrana
Getting Hooked!
Location: National Elk Refuge, Jackson WY
Status: Offline

Re: Wells Fargo 2016

Post by MountainPrana » Tue Sep 20, 2016 5:11 pm

Ugh... I've been thinking it's about time as well... Not sure who to go with, I'd love to hear about where you end up.

Tim
¯\_(ツ)_/¯¯\_(ツ)_/¯¯\_(ツ)_/¯¯\_(ツ)_/¯¯\_(ツ)_/¯¯\_(ツ)_/¯¯\_(ツ)_/
The more I learn, the more I see the corners that lead to where I don't know and the more curious I become.

User avatar
asiab3
IAC Addict!
Location: San Diego, CA
Contact:
Status: Offline

Re: Wells Fargo 2016

Post by asiab3 » Wed Sep 21, 2016 7:14 am

I need the Wells Fargo money transfer system while I'm on my road trip, so I'll likely keep a bare bones account and go with a Credit Union when I visit my folks in CA next month. Will keep updated.

Robbie
1969 bus, "Buddy."
100k miles with me.
279k miles on Earth.

User avatar
Bleyseng
IAC Addict!
Location: Seattle again
Contact:
Status: Offline

Re: Wells Fargo 2016

Post by Bleyseng » Thu Sep 22, 2016 5:47 am

I switched to a local credit union that pays 2% on your money........
Geoff
77 Sage Green Westy- CS 2.0L-160,000 miles
70 Ghia vert, black, stock 1600SP,- 139,000 miles,
76 914 2.1L-Nepal Orange- 160,000+ miles
http://bleysengaway.blogspot.com/

User avatar
Amskeptic
IAC "Help Desk"
IAC "Help Desk"
Status: Offline

Re: Wells Fargo 2016

Post by Amskeptic » Fri Sep 23, 2016 4:31 pm

I can't seem to avoid "crooked" banks. We bray and bleat about crooked Hillary, but do we actually demand that our Congress penalize these banks for malicious theft?
Colin
BobD - 1978 Bus . . . . . . . . . . .111,130 miles
Chloe - 1970 bus . . . . . . . . . . . 206,787 miles
Naranja - 1977 Westfalia . . . . . 94,615 miles
Pluck - 1973 Squareback . . . . . 55,510 miles
Alexus - 1991 Lexus LS400 . . . 72,990 miles

User avatar
dingo
IAC Addict!
Location: oregon - calif
Status: Offline

Re: Wells Fargo 2016

Post by dingo » Sat Sep 24, 2016 9:48 pm

and there is your 'evidence', matey ! Thats why the banksters pay her to come whisper sweet nothings...so that they can re-assured that under her regime, things will be normal for those in the financial skullduggery budiness.

Follow the money...
'71 Kombi, 1600 dp

';78 Tranzporter 2L

" Fill what's empty, empty what's full, and scratch where it itches."

User avatar
Amskeptic
IAC "Help Desk"
IAC "Help Desk"
Status: Offline

Re: Wells Fargo 2016

Post by Amskeptic » Sun Sep 25, 2016 7:49 am

dingo wrote:and there is your 'evidence', matey ! Thats why the banksters pay her to come whisper sweet nothings...so that they can re-assured that under her regime, things will be normal for those in the financial skullduggery budiness.

Follow the money...

I will take 50% of your comment in good faith. The other 50%, I will ascribe to the toxic story line so prevalent in this country.

One of Hillary Clinton's Goldman Sachs speeches was anonymously released and we did not see any Mitt Romney-esque asides about the little people. What we heard was her pointed request to open up capital access to entrepreneurs, especially women in developing countries. Well, that is not very juicy, is it?

Hillary Clinton is so finely hated that she is excoriated coming or going. Her 64% approval rating as Secretary of State is well-forgotten in the rewriting of history going on by the bitter hateful small-minded opposition.
Colin
BobD - 1978 Bus . . . . . . . . . . .111,130 miles
Chloe - 1970 bus . . . . . . . . . . . 206,787 miles
Naranja - 1977 Westfalia . . . . . 94,615 miles
Pluck - 1973 Squareback . . . . . 55,510 miles
Alexus - 1991 Lexus LS400 . . . 72,990 miles

User avatar
dingo
IAC Addict!
Location: oregon - calif
Status: Offline

Re: Wells Fargo 2016

Post by dingo » Sun Sep 25, 2016 1:16 pm

..fair enough. I dont wish to add to the yelling and noise...which i feel is counter productive to the trajectory of the country...sometimes better just to walk the dog, eat an ice cream and talk to some folks along the way...
'71 Kombi, 1600 dp

';78 Tranzporter 2L

" Fill what's empty, empty what's full, and scratch where it itches."

User avatar
hippiewannabe
Addicted!
Status: Offline

Re: Wells Fargo 2016

Post by hippiewannabe » Sun Sep 25, 2016 6:58 pm

Bleyseng wrote:I switched to a local credit union that pays 2% on your money........
Pray tell, what is this CU? Hook a brother up.
When thousands of people believe a made-up story for a month, we call it fake news. When a billion people believe a made-up story for a thousand years, we call it a religion.

User avatar
Bleyseng
IAC Addict!
Location: Seattle again
Contact:
Status: Offline

Re: Wells Fargo 2016

Post by Bleyseng » Sun Sep 25, 2016 7:08 pm

Verity Credit Union in Seattle
Geoff
77 Sage Green Westy- CS 2.0L-160,000 miles
70 Ghia vert, black, stock 1600SP,- 139,000 miles,
76 914 2.1L-Nepal Orange- 160,000+ miles
http://bleysengaway.blogspot.com/

User avatar
asiab3
IAC Addict!
Location: San Diego, CA
Contact:
Status: Offline

Re: Wells Fargo 2016

Post by asiab3 » Sun Sep 25, 2016 11:15 pm

I just need to be able to take care of long distance bill pay, short term credit card issues, and paying friends for "favors" from a few states away, all from my phone. Once I'm "home," I'll probably go for a local city credit union. Just got to find one that will give me an auto loan to buy the BobD when the time comes……………

Robbie
1969 bus, "Buddy."
100k miles with me.
279k miles on Earth.

User avatar
hippiewannabe
Addicted!
Status: Offline

Re: Wells Fargo 2016

Post by hippiewannabe » Mon Sep 26, 2016 6:12 am

Bleyseng wrote:Verity Credit Union in Seattle
Thanks. I checked them out, that's a great deal, and looks like a good CU. But it only applies to the first $10K, and requires a minimum amount of debit card activity, etc. So it's aimed at attracting local customers, they don't want people to just dump savings there. Which makes sense; 10 year Treasury Bills are only paying 1.6%, and 2 years are paying 0.75%, so they'd be losing money.
When thousands of people believe a made-up story for a month, we call it fake news. When a billion people believe a made-up story for a thousand years, we call it a religion.

User avatar
Bleyseng
IAC Addict!
Location: Seattle again
Contact:
Status: Offline

Re: Wells Fargo 2016

Post by Bleyseng » Mon Sep 26, 2016 6:38 am

I just have 10k in the account and do the 12 transactions with no fees.
Geoff
77 Sage Green Westy- CS 2.0L-160,000 miles
70 Ghia vert, black, stock 1600SP,- 139,000 miles,
76 914 2.1L-Nepal Orange- 160,000+ miles
http://bleysengaway.blogspot.com/

User avatar
Amskeptic
IAC "Help Desk"
IAC "Help Desk"
Status: Offline

Re: Wells Fargo 2016

Post by Amskeptic » Sat Oct 01, 2016 7:25 am

Bleyseng wrote:I just have 10k in the account and do the 12 transactions with no fees.
SO, Wells Fargo CEO is blaming the underlings for their troubles. Way to accept responsibility.
Colin
BobD - 1978 Bus . . . . . . . . . . .111,130 miles
Chloe - 1970 bus . . . . . . . . . . . 206,787 miles
Naranja - 1977 Westfalia . . . . . 94,615 miles
Pluck - 1973 Squareback . . . . . 55,510 miles
Alexus - 1991 Lexus LS400 . . . 72,990 miles

User avatar
asiab3
IAC Addict!
Location: San Diego, CA
Contact:
Status: Offline

Re: Wells Fargo 2016

Post by asiab3 » Sat Oct 01, 2016 9:54 am

Yes, many low-level employees quit or were fired for not meeting sales goals. I heard rumors of a class-action lawsuit brewing, from those employees who were let go for not complying with the illegal requests of mid-level-management sent down to them by investor-hungry leaders.

I for one remember getting a phone call in late 2009, urging me to sign up for an additional checking account. Something about "safety, security, relations, and confidence" permitted the phone call, but I was too busy trying to stretch $27 to eat all month to care. "Sure, whatever," said I. Looking back, it was indeed so shifty.
Robbie
1969 bus, "Buddy."
100k miles with me.
279k miles on Earth.

Post Reply