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Wells Fargo

Arthur Delaney

Quad City Die Casting Workers Hoping To Repeat Hartmarx, Republic Windows Efforts

HuffingtonPost.com | Arthur Delaney | Posted 08.07.2009 | Business

Read More: Manufacturing, Credit Crisis, Quad City Die Casting, Wells Fargo, Leah Fried, Hartmarx, Business News

Labor activists are hoping they can do for the 100 employees of the Quad City Die Casting factory in Illinois what they did for workers at Hartmarx Co...

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California's IOUs: BofA, Citigroup, Big Banks Say They'll Stop Accepting CA Notes Friday

wsj.com | RYAN KNUTSON | Posted 08.07.2009 | Business

Read More: Citigroup, Bank of America, California, Wells Fargo, California IOUs, Arnold Schwarzenegger, California State Budget, Business News

A group of the biggest U.S. banks said they would stop accepting California's IOUs on Friday, adding pressure on the state to close its $26.3 billion ...

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The Return of Gordon Gekko

Dan Dorfman | Posted 08.01.2009 | Business

Read More: JP Morgan Chase, Gordon Gekko, Goldman Sachs, Wall Street Bailout, Suntrust-Banks, Wall Street, Wells Fargo, Bank of America, Financial Crisis, Bernard Madoff, Securities and Exchange Commission, Citigroup, Business News
Dan Dorfman

Wall Street speculation has it that some investors may have been privy to government actions involving a number of these banks at the outset of the financial crisis or to their financial results.

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Worker Uprising Against Wells Fargo Spreads After Major Victory To Keep Factories Open

Mike Elk | Posted 08.01.2009 | Business

Read More: Tarp, Chicago Sit-In, Chicago Workers Protest, Chicago Factory Sit-In, Hartmarx Bankruptcy, Phil Hare, Wells Fargo, United Electrical Workers, Business News
Mike Elk

The victory of Hartmarx workers yesterday represents a major triumph in the growing trend of factory sit ins.

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Obama Will Still Be Able to Get His Suits Made in Chicago

Elana Levin | Posted 07.31.2009 | Business

Read More: Labor, Hartmarx Obama, Hartmarx Bankruptcy, Hartmarx, Union, Wells Fargo, Workers United, Business News
Elana Levin

Hart Schaffner & Marx employees (famous for making suits for Obama) saved the suit maker's factories from threats of liquidation by TARP-infused creditor Wells Fargo bank.

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AIG Proposed Reverse Stock Split: Shareholders Should Vote This Down as a No-Brainer

Michael Russnow | Posted 07.28.2009 | Business

Read More: Abc, Citigroup, Russnow, Wells Fargo, Stock Market, Twitter, Nbc, Ram Productions International, Cbs, Insurance Companies, Cnbc, Aig, Cnn, Stimulus Package, Michael Russnow, Citibank, Bankruptcy, Ibm, Financial Crisis, Today Show, Personal Finance, Youtube, Fox News, Business News
Michael Russnow

This 1:20 split smells, to me, a bit too rancid for the ordinary shareholders, not to mention the U.S. public who are hoping to recover their investment.

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Wells Fargo Gave Subprime Loans To Wealthy Blacks More Often Than To Poorer Whites: Chicago Reporter

Chicago Reporter | Posted 07.25.2009 | Chicago

Read More: Racism, Wells Fargo Subprime Mortgages, Predatory Lending, Subprime Mortgages, Wells Fargo, Chicago News

Wells Fargo gave high-cost, subprime loans more often to its highest-earning African-American borrowers in Baltimore and Chicago than to its lowest-ea...

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Banks Amass Six Million Dollar War Chest To Sway Lawmakers

The Hill | Posted 07.11.2009 | Business

Read More: Citigroup, Wells Fargo, Bank PACs, Dick Durbin, Barney Frank, Economic Crisis, President Obama, Banking Industry, JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, Finance, Banks, Tarp, Business News

On the eve of a major overhaul of the financial system intended to prevent another crisis from erupting, the financial industry has built a more than ...

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Lawsuit Accuses Wells Fargo Of Steering Blacks To Subprime Mortgages

New York Times | MICHAEL POWELL | Posted 07.07.2009 | Business

Read More: Subprime Mortgages, Bank Bailouts, Financial Crisis, Wells Fargo Subprime Mortgages, Banking Crisis, Wells Fargo, Business News

As she describes it, Beth Jacobson and her fellow loan officers at Wells Fargo Bank "rode the stagecoach from hell" for a decade, systematically singl...

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Accounting Rules Hide Bank Loan Losses

bloomberg.com | Posted 07.06.2009 | Business

Read More: Banking-Reform, Morgan Stanley, Joseph Stiglitz, Wells Fargo, Bank of America, Banking Crisis, Timothy Geithner, Bank Loans, Business News

June 5 (Bloomberg) -- Big banks in the U.S. say they're on the mend. The five largest were profitable in the first quarter, rebounding from record los...

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Banks Earned $7.6 Billion In First Quarter Profits

AP | MARCY GORDON | Posted 06.27.2009 | Business

Read More: Investment Banks, Fdic, Morgan Stanley, Wells Fargo, Federal Deposit Insurance Corp, Bank of America, Banks, Banking Crisis, Sheila Bair, FDIC Chairman Sheila Bair, Gmac, Citigroup, Business News

WASHINGTON — The nation's banks turned a profit in the first quarter, but the number of problem banks jumped to the highest level in 15 years an...

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Banks Lobby To Be Both Buyers and Sellers In Troubled Asset Program

wsj.com | DAVID ENRICH, LIZ RAPPAPORT and JENNY STRASBURG | Posted 06.27.2009 | Business

Read More: Investment Banks, Goldman Sachs, Fdic, Bank Lobby, Private Public Investment Program, Wells Fargo, Ppip, Banking Regulation, Bank of America, Banking Crisis, Citigroup, American Bankers Association, Business News

Some banks are prodding the government to let them use public money to help buy troubled assets from the banks themselves. Banking trade groups are...

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Hartmarx Bankruptcy: Obama Suit Maker Accepts Offer From Emerisque

AP | Posted 06.22.2009 | Chicago

Read More: Barack Obama, Hartmarx, Hartmarx Bankruptcy, Hart Schaffner Marx, Hartmarx Emerisque, Wells Fargo, Wells Fargo Hartmarx, Obama Suits, SKNL North America BV, Chicago News

CHICAGO — The company that made President Barack Obama's election night and Inauguration Day threads could stave off liquidation with a joint bi...

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43 Members of Congress Ask Geithner to Weigh in on Wells Fargo on Behalf of Hartmarx Workers

Elana Levin | Posted 06.21.2009 | Politics

Read More: Labor, Wall Street Crisis, Bailout, Jan Schakowsky, Phil Hare, Wells Fargo, Louise Slaughter, Banks, Business, Labor Unions, Unions, Politics News
Elana Levin

With so much at stake for workers, 43 Members of Congress released a letter asking Geithner to weigh in on Wells Fargo's attempt to liquidate nearly 4,000 jobs at Hartmarx.

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Hartmarx Bankruptcy: Workers At Obama's Suit Maker Pin Hopes On British Company

AP | TAMMY WEBBER | Posted 06.20.2009 | Chicago

Read More: Emerisque, Pat Quinn, Hartmarx Obama, Wells Fargo, Hartmarx, Barack Obama, Hart Schaffner Marx, Labor, Hartmarx Emirisque, Chicago-Illinois, Chicago News

DES PLAINES, Ill. (AP) -- Workers at a suburban Chicago menswear factory cheered Wednesday when a union official told them a new offer for the company...

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The Exception

Yvette Kantrow | Posted 06.18.2009 | Business

Read More: Citigroup, Wells Fargo, Media, John Stumpf, Business, Fortune, Berkshire Hathaway, Vikram Pandit, Bank of America, Cnbc, Ken Lewis, Andrew Ross Sorkin, Becky Quick, New York Times, Warren Buffett, Carol Loomis, Charlie Munger, Business News
Yvette Kantrow

At a time when the financial press is in the doghouse for cozying up to CEOs and failing to see the economic disaster ahead, Buffett remains above the fray.

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Credit Card Defaults Hit Record Highs In April

Reuters | Posted 06.18.2009 | Business

Read More: Citigroup, Wells Fargo, Credit Crisis, Credit Card Defaults, Credit Cards, Credit Card Industry, Business News

U.S. credit card defaults rose in April to record highs, with Citigroup and Wells Fargo posting double digit loss rates, as the recession slashed more...

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Hartmarx Protest: Workers At Obama Suit Maker Vote To Stage Sit-In (VIDEO)

AP | Posted 06.11.2009 | Chicago

Read More: Hartmarx Wells Fargo, Hartmarx Protest, Wells Fargo, Alexi Giannoulias, Hartmarx Liquidation, Barack Obama Suits, Hartmarx Rally, Hartmarx Bankruptcy, Hartmarx, Hartmarx Workers, Hartmarx Sit In, Video, Phil Hare, Chicago News

CHICAGO (AP) -- Angry over billions in bailout money for Wells Fargo & Co., workers at a suburban Chicago factory where suits for President Barack Oba...

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Wells Fargo, Morgan Stanley Find Ready Investors Following Stress Tests

New York Times | GRAHAM BOWLEY | Posted 06.08.2009 | Business

Read More: Stress Tests, Morgan Stanley, Wells Fargo, Business News

A day after federal regulators ordered 10 of the nation's biggest banks to raise a total of $75 billion in extra capital, the first of them, Wells Far...

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Stress Test Results: Banks Need More Funds

AP | DANIEL WAGNER and JEANNINE AVERSA | Posted 06.07.2009 | Business

Read More: Stress Tests, Bank of America Citigroup, Wells Fargo, Bailouts, Stress Test Results, Bank Stress Test Results, Stress Test, Stress Test for Banks, Stress Test Banks, Stress Test Results for Banks, Business News

WASHINGTON — Ten of the nation's largest financial firms need to raise $75 billion more to withstand the losses that would come with a deeper re...

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Wells Fargo asked to raise money after stress test

AP | DANIEL WAGNER | Posted 06.04.2009 | Business

Read More: Wells Fargo Bank, Stress Tests, Wells Fargo Stress Test, Wells Fargo, Bank Stress Tests, Business News

WASHINGTON — Regulators have told Wells Fargo & Co. it may need to shore up its finances after government "stress tests" showed the bank would h...

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California AG: Wells Fargo Committed Securities Fraud

Los Angeles Times | Martin Zimmerman | Posted 05.25.2009 | Business

Read More: Wells Fargo Bank, Wells Fargo, Jerry Brown, Wells Fargo Fraud, California Wells Fargo, Jerry Brown Wells Fargo, Wells Fargo Jerry Brown, Business News

The state of California accused Wells Fargo & Co. of fraud Thursday for the company's role in an investment meltdown that has been compared to the Ber...

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Jason Linkins

Scritti Politti: April 22, 2009

HuffingtonPost.com | Jason Linkins | Posted 05.23.2009 | Media

Read More: Earnings, Andrew Sullivan, Sex Workers, Wells Fargo, German Sex Workers, Financial Crisis, Bill Kristol, Dennis Blair, Recession, Mark to Market Accounting, Torture Memos, Idiots, Torture, Media News

Well, shucks. I didn't think it'd be possible to ride in that Well Fargo wagon, what with it's wheels all broke and it's axle all draggin'. Turns ou...

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Wells Fargo 1Q results in line with forecast

AP | SARA LEPRO | Posted 05.23.2009 | Home

Read More: Wachovia Wells Fargo, Wells Fargo Bank, Wells Fargo Earnings, Wells Fargo, Wells Fargo Wachovia, Home News

NEW YORK — Wells Fargo & Co.'s first-quarter report on Wednesday had few big surprises, as results fell in line with the bank's forecast and eas...

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Wells Fargo Posts Profits: Can You Catch Any Financial Sleight Of Hand?

Posted 05.21.2009 | Business

Read More: Help Read Through Financial Reports, Wells Fargo, Quarterly Earnings Reports, Financial Reports, Business News

UPDATE: Just months after receiving billions from the government's Troubled Assets Relief Program (TARP), Wells Fargo is in the black. Wells publish...

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