Wells Fargo Bankers Do a Wells Fargo Thing And Wells Fargo's Some Money from Government Virus Aid + I Once Got Nearly Fired for F11

The Notorious Banker

Wells Fargo did it again. Another Wells Fargo story that does not look good.

I call Wells Fargo the Mike Tyson of Banks. Almost any story you pin on Tyson, you could believe. I believe Wells is capable of anything.

Over 100 employees, likely from the small business arm of Wells were terminated last week when it was announced that they allegedly procured EIDL Disaster Aid Loans (From Covid-19 Funds) for themselves using phony businesses and non-profits.
In this pod, I take a shot at David Galloreese who is Wells Fargo's head of HR when he was quoted in this Marketwatch Story as saying “These wrongful actions were personal actions, and do not involve our customers.”... Umm, but they do, David, especially with all the ignoring Wells banker did to clients looking for EIDL or PPP loans this summer. Unbelievable to say that. I also explain how you shouldn't be so stupid when working at a bank. Banks monitor EVERYTHING in a branch or office. They were going to be found out no matter what.

I also dig in a bit to the issue of gov't aid and my own family experiences and stories about others they knew who were taking advantage of the aid like Wells Employees (And allegedly Chase as well)

WaPo Story

SBA Government Site to learn about EIDL

Also in the podcast, I talk about the 10 year anniversary of the "F11" incident. An incident so dumb it got me in serious trouble at BofA, nearly getting me fired. All I did was hit a button that did nothing but check the time on a computer, but to BofA, I was sabotaging the regions sales numbers with that time check. So stupid, and thinking of it reminds me why I hate BofA ha.

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