Thread regarding Wells Fargo & Co. layoffs

WF rips off its brokerage customers

why would anyone be d-mb enough to trust a WF advisor with their wealth.

https://finance.yahoo.com/news/wells-fargo-faces-class-action-130435981.html

they literally ripped off their customer of 100s of millions of dollars in interest they were entitled to. just like they are ripping off their employees. s c u m

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Post ID: @OP+1uKHaBqf

9 replies (most recent on top)

The incompetence never stops. WF leadership is completely incompetent. What a bunch of total id--ts. They should definitely keep shipping everything overseas and getting rid of their most talented employees. Sc-mbags.

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Post ID: @2wdl+1uKHaBqf

@1isq+1uKHaBqf I appreciate your opinion, but they are both evil AND incompetent. Case in point: none of their errors/incompetence/violations etc have ever been in our customers’ favor - not once. They always manage to err on the side of enriching themselves at our customers’ expense.

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Post ID: @1gch+1uKHaBqf

This is true but more due to incompetence than evil intentions. Business/ ops lack understanding to their own products and processes. The stuff sent to India has disappeared in a black hole which no one has eyes on. It will only get worse. Charlie and his cronies will be gone with by the time the scandals and fines come out.

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Post ID: @1isq+1uKHaBqf

So @1hay+1uKHaBqf are you on a farm now?

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Post ID: @1jrh+1uKHaBqf

I paid 3.29 for a gallon of milk and then saw that Kroger bought it for 2.19. Then I saw the farmer got it for free. What a ripoff.

Move your money elsewhere you don’t like the interest rates. I did.

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Post ID: @1hay+1uKHaBqf

They know EXACTLY what they’re doing. Wells Fargo (and the other big banks) makes their money by taking advantage of busy, vulnerable, naive, distracted and financially under-educated people.

I could easily put together a lengthy list of all the many ways Wells Fargo sc--ws over their customers.

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Post ID: @1ehb+1uKHaBqf

Not saying it's right, maybe a grey area, but all the big banks and brokerages did the same.

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Post ID: @hwj+1uKHaBqf

I was part of WFA’s risk management apparatus and quit several months ago because I increasingly lost access to the tools and info to do my job, and no longer felt comfortable putting my licenses on the line for the company. It’s mainly dysfunction rather than deliberate unethical behavior, but it’s very, very bad—far worse than most of you can imagine.

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Post ID: @vtl+1uKHaBqf

350 million a year scam

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Post ID: @nst+1uKHaBqf

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