While others scramble to escape TARP, Wells Fargo (WFC) - which opposed the Treasury's $25B loan back in October - hasn't applied to repay. [View news story]
Or maybe Wells didn't want to dilute their stock more, and has decided to earn the additional 5 billion the Feds require before they request to pay back the TARP. SMART even for bankers I say.
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Latest | Highest ratedWells Fargo (WFC) says it has fired the executive who settled in at a foreclosed $12M Malibu Colony beach house for summer weekends and parties. [View news story]
They should have given that executive a promotion for working overtime on the weekends.
While others scramble to escape TARP, Wells Fargo (WFC) - which opposed the Treasury's $25B loan back in October - hasn't applied to repay. [View news story]
No Buy Recommendations - Cramer's Lightning Round (10/1/08) [View article]