Thread regarding Wells Fargo & Co. layoffs

Wells Fargo's stock is up 17% over the past year compared to a massive 46% increase of the Dow Jones U.S. Banks index. Fortune 10/08/24

The ONLY people who think Charlie is doing a good job is our BOD.

The last Wells Fargo Board of Directors meeting:

Steven, “Not sure how it’s possible, but we haven’t been shut down yet.” (laughter and applause)

Charlie, “I think that calls for another raise for me, Boyz, amirite?!?” (dentures click in agreement)

Meeting adjourned.

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Post ID: @OP+1uVE3a1q

6 replies (most recent on top)

"Long term returns count. One year is not long term."

Five years, then?

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Post ID: @4loa+1uVE3a1q

Long term returns count. One year is not long term.

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Post ID: @4lrj+1uVE3a1q

Well, don't look more than a year back, you'll really lose it

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Post ID: @cjs+1uVE3a1q

It would be negative if they weren't pumping "demand" through massive buy backs.

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Post ID: @jgf+1uVE3a1q

Junk stock. Better to just index.

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Post ID: @rob+1uVE3a1q

TD bank becomes the next pariah bank to join Citi and Wells

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Post ID: @xkg+1uVE3a1q

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