It seems that all these new upper management hires are coming from Morgan Stanley and JP Morgan. Been there with other banks.
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Not if they buy Wells Fargo in pieces, hence the decimation of the mortgage department.
It's not some big conspiracy or takeover attempt... it's cronyism. Nothing more, nothing less.
the market cap is almost $200 billion, any other bank large enough to fund such a takeover would never be approved by the government due to anti trust laws.
Ripe? Maybe. Tripe? Absolutely.
Mine is ‘too big not to fail’
Too big to fail
More like biggest failure
It's too big in the sense that the regulators wouldn't allow it
Britishers went to India to help Business and Trading, later they captured, occupied and Ruled India for 150 years. Same strategic attack from JPMs on WF.
The bank is not to big. It's smaller than JPM. The entire issue is the incompetent people running it. 95% of the time we get in trouble with regulators etc. it's due to execs doing stupid things.
To big, why would anyone working here not know that, smh
This bank needs to be broken up and sold in parts. It is too big and too dangerous to be left as it is. The regulators are sitting on a land mine.
Ripe - which is well summarized with the below comparison:
My girlfriend’s tw0t was ripe, so I took pleasure ba----g her throat.
The best value unlocking play is from an activist or perhaps even a short seller. Damaged goods to everybody else.
We're simultaneously too big for a competitor to buy us and generally our assets are undesirable to anyone with the $. The other big banks would prefer to defeat us in the marketplace and take all our market share via competition, than buy us.