Discover and read the best of Twitter Threads about #WellsFargo

Most recents (11)

For apologists, #SVB's #bailout was mere prudence: innocent bystanders stood in harm's way - rank-and-file startup employees, elite private school scholarship kids -so regulators improvised measures to make everyone whole without costing the public a dime. What's not to like?

1/ A glass-and-steel, high-tec...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/04/15/soc…

2/
But that account doesn't hold up to even the most cursory scrutiny. Everything about it is untrue. Take the idea that this wasn't a "bailout" because it was the depositors who got rescued, not the shareholders.

3/
Read 41 tweets
Today's Twitter threads (a Twitter thread).

Inside: Is antitrust anti-labor? and more!

Archived at: pluralistic.net/2023/04/14/aim…

#Pluralistic

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There's 3 days left in the @Kickstarter for the audiobook of my upcoming anti-finance finance thriller about #SiliconValley scams, *Red Team Blues*. #Audible refuses to carry my audiobooks because they're #DRM free. Crowdfunding makes them possible!

redteamblues.com

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Is antitrust anti-labor? tl;dr: no.



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Read 28 tweets
1/ #CryptoCrap - CEO (Michael Stollery
aka Michael Stollaire) of Titanium Blockchain Infrastructure Services Inc (#TBIS)/EHI Internetwork & Systems Mgmt Inc (#EHI) sentenced to 4.25 yrs for the $21m #TitaniumBlockchain (#BAR) crypto #ICO #fraud (justice.gov/opa/pr/ceo-tit…).
2/ According to court documents, from 2017 Michael Stollery, touted #TBIS & the unregistered #TBIS crypto ICO (purportedly a decentralised enterprise infrastructure services platform, monetised by a native crypto token: #BAR). Investors were lured through a series of …
3/ false & misleading statements including fake client testimonials + false claims that he (#EHI) had business relationships with the Federal Reserve & dozens of prominent companies to create the false appearance of legitimacy. ‘Team Titanium’ had apparently “over 2 centuries …
Read 7 tweets
Today's Twitter threads (a Twitter thread).

Inside: SVB's investors will get $2b in public bailout money; and more!

Archived at: pluralistic.net/2023/03/18/2-b…

#Pluralistic 1/ An old fashioned corner bank. Its sign has been replaced wit
This Monday (Mar 20), I'm doing a remote talk for the @Ostrom_Workshop's Beyond the Web Speaker Series

iu.zoom.us/meeting/regist… 2/
SVB's investors will get $2b in public bailout money: Also, Silicon Valley is apparently a neighborhood in Manhattan?

3/
Read 27 tweets
#Biden backs strength of #banking system after collapse of #SVB, #SignatureBank | Mar 13
- When fed auths bailed out depositors in insolvent lenders SVB (NASDAQ:SIVB) and #SignatureBank on Monday,
Joe sought to reassure the public
richtv.io/?p=245301 Image
#Ukraine-#BanderasBox opened.
#RAND Co | Jan 25
- There is an urgent need for #resources to flow into the national econ, especially the #banking system. Only European countries bound by #EU and #NATO commitments will be able to provide them
#SVB #SignatureBank #BanderasBox.
#Rand Co | Jan 25
- The key objective is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent
- The entire #EU #economy will #collapse
ImageImageImage
Read 38 tweets
Today's Twitter threads (a Twitter thread).

Inside: Higher interest rates increase both the monetary supply and inflation; and more!

Archived at: pluralistic.net/2023/02/04/if-…

#Pluralistic 1/ A portrait of Milton Friedman looking pensive, his chin in h
Next week (Feb 8-17), I'll be in #Australia, touring my book #ChokepointCapitalism* with my co-author, @rgibli. We'll be in #Brisbane on Feb 8, and then we're doing a remote event for #NZ on Feb 9. Next is #Melbourne, #Sydney and #Canberra.

chokepointcapitalism.com 2/
Higher interest rates increase both the monetary supply and inflation: It takes a lot of motivated reasoning to believe otherwise.

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Read 20 tweets
Y’all still following the #ToryLanezTrial? Meanwhile..

#WellsFargo agreed to a $3.7B settlement with the Consumer Financial Protection Bureau over customer abuses tied to checking accounts, mortgages & auto loans, with some of the misconduct happening as recently as this year.”
“The company was ordered to pay a record $1.7 billion civil penalty and more than $2 billion to customers with 16 million accounts, the #CFPB said in a statement.”
#WellsFargo

cnbc.com/amp/2022/12/20…
“"Consumers were illegally assessed fees and interest charges on auto and mortgage loans, had their cars wrongly repossessed, and had payments to auto and mortgage loans misapplied by the bank."”
#WellsFargo

cnbc.com/amp/2022/12/20…
Read 6 tweets
🚨ÚLTIMA HORA:

Nueva normativa para venezolanos DIFICULTARÍA el acceso a ZELLE específicamente con el Banco #WellsFargo a partir del 30 de noviembre de 2022.

Un cambio en sus TYC prohibiría expresamente a clientes fuera de 🇺🇸 EEUU.

(Sigue) 👇🏻
Aunque posiblemente se podrá acceder en línea utilizando un #VPN para eludir el bloqueo a las IP venezolanas, tengamos en cuenta:

▪️La nueva sección 1A de los términos y condiciones indican que este servicio es solo clientes DENTRO de EEUU 🇺🇸
▪️¿Qué pasa si accedes a tu cuenta desde Venezuela utilizando un #VPN?

Eres el único responsable de los RIESGOS propios de utilizar zelle bajo la protección de las leyes 🇺🇸
Read 6 tweets
थ्रेड: #क्रॉस_सेलिंग_एक_कैंसर - #WellsFargo

आइये आज आपको क्रॉससेलिंग से जुडी हुई एक कहानी सुनाते हैं। अमेरिका की चार बड़ी बैंकों को बिग फोर कहा जाता है। ये चार बैंक हैं मॉर्गन चेस, बैंक ऑफ़ अमेरिका, सिटी बैंक और वेल्स फारगो।
वेल्स फारगो एक बहुत बड़ी बैंक है जिसके एसेट्स लगभग 2 ट्रिलियन डॉलर्स हैं यानि 150 लाख करोड़ रूपये। हर तीन में से एक अमरीकन का खाता वेल्स फारगो में है। वेल्स फारगो एक बहुत पुरानी बैंक है। 1998 में एक बैंक को नॉर्वेस्ट ग्रुप ने खरीद लिया।
बाद में नॉर्वेस्ट के मालिक John G. Stumpf वेल्स फारगो के हेड बने। नॉर्वेस्ट का फोकस कस्टमर से पर्सनल रिलेशन बनाने पर ज्यादा था। उनका मानना था कि अगर कस्टमर से रिलेशन मजबूत किये जाएँ तो कस्टमर को बैंक के अन्य प्रोडक्ट खरीदने के लिए मनाया जा सकता है।
Read 24 tweets
1# THIS IS BS!!! Please LISTEN REAL clear. Who cares if #Citidel $BAC #bankofamerica $MS #morganstanley $UBS #UBS $WFC #wellsfargo R the largest owners of $SLV. It DOES NOT matter AT ALL! The VERY little they own in #Silver can NOT save them! All banks do business with each other Image
#2 Buying #Silver is a for sure way to take down ALL of the corrupt banks!! $JPM & $GS & many others R #short #Silver. The #FederalReserve is short #Silver. If we all buy Silver the corrupt banks will #FAIL! Buy ALL THE $SLV $PSLV & #Physical U can. Please be CLEAR #silversqueeze
#3 it DOES NOT matter that some of the banks, market makers or brokers own $SLV!! They don’t own enough to save them from their own demise. So what if they are long $SLV , they are short in the futures markets , options & the biggest is loaning out Silver IOU paper contracts that
Read 5 tweets
Abrimos hilo de #Zelle y #WellsFargo

Los clientes de Wells Fargo en Venezuela han recibido una notificación por correo electrónico donde se les indica que a partir del 26 de junio de 2020 se les elimina el acceso a la plataforma Zelle para enviar y recibir dinero.
En el correo el banco señala que al revisar las relaciones de la cuenta se termina el acceso al servicio debido a inclumplimientos con la sección 2.B del Contrato de Acceso por Internet entre el banco y el cliente y la sección 6.B Anexo del Servicio de Transferencia de Zelle®
La sección 2.B del contrato de acceso por internet de #WellsFargo se refiere a "Titulares, Representantes Autorizados y Delegados"

Lo pueden leer en español aquí

wellsfargo.com/es/online-bank…
Read 11 tweets

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