Yesterday, CNN’s Campbell Brown took Wells Fargo to task, not for canceling their lavish Vegas shindig, but for taking out two full-page ads in newspapers as a “thank you” to employees and to blame the media for the cancellation of their extravagant employee recognition festivities. In the ads, Wells Fargo’s CEO announced all of its big [...]

It seems that Wells Fargo canceled it’s all-expense-paid employee extravaganza in Vegas very shortly after the Associated Press article hit the news. The company initially defended the trip after The Associated Press reported it had booked 12 nights beginning Friday at the Wynn Las Vegas and the Encore Las Vegas. But within hours, investigators and lawmakers [...]

According to this article on MSNBC, Wells Fargo, which received about $25 billion in taxpayer bailout money,  is planning on having a “series of corporate junkets” to Las Vegas casinos this month. From the article… Wells Fargo, once among the nation’s top writers of sub prime mortgages, has booked 12 nights at the Wynn Las Vegas and [...]

Why does everyone still refer to the bailout plan as “The 700 billion dollar” plan, when it’s now bigger than 800 billion dollars?