Thread regarding Wells Fargo & Co. layoffs

Wells Fargo Helps Keep People Housed through Nearly $11 Million Grants to 19 Nonprofits

Says a Wells Fargo Spokeswoman:

“…it’s just one of thousands of examples that have resulted from our collaboration with nonprofit housing organizations as we work together to help keep people in stable housing," said Eileen Fitzgerald, head of housing affordability philanthropy at Wells Fargo. "The economic fallout of COVID-19 has caused housing instability for far too many renters, and Wells Fargo believes supporting organizations that provide legal assistance, housing counseling, and other housing support is an important step in helping people avoid eviction, which is often the first step toward additional financial and housing instability."

Hmmm…anyone smell the deceit around WFC laying off employees on one hand, and on the other hand publicly bragging about collaborating with nonprofits “to help keep people in stable housing”? Oh Charlie - you’re such a selfless giver. I guess no one ever taught you the ‘Give a man a fish’ Proverb.

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| 1346 views | | 8 replies (last August 28, 2021) | Reply
Post ID: @OP+1cxKSXxh

8 replies (most recent on top)

Well at least it’s a better use of $11 million than another stupid TV commercial.

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Post ID: @1nty+1cxKSXxh

als+1cxKSXxh There is definitely a bizarre pro-business, antivax element here that wants to see themselves as persecuted and label any comment they don't like as "hateful". It's surreal, but shows you how far gone they are.

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Post ID: @iqq+1cxKSXxh

Post ID: @zsr+1cxKSXxh Post ID: @fod+1cxKSXxh

According to your moral compass, you would have defended Bernie Madoff because he gave some of his (stolen) money to charities. Darn SEC and his victims were just complainers and trying to spread the hate. 🙄

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Post ID: @als+1cxKSXxh

They should've been compelled to provide housing to thousands after the thousands upon whom they illegally foreclosed.

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Post ID: @qri+1cxKSXxh

OP Is correct. It’s called reputation -washing and it’s a scam/charade. Companies covering up big messes with small -dollar philanthropic giving.

An example would be Coca Cola contributing to diabetes studies in children, oil & gas companies donating small amounts of money to climate change disasters caused by fossil fuels, Smith & Wesson (maker of AR 15 style rifles) contributing a small amount of money to a hospital treating victims of a massacre.

It’s Dr. Jekyll attempting to cover up Mr. Hyde’s profiteering greed.

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Post ID: @bwt+1cxKSXxh

Wait! I thought we needed to "reduce expenses?" Seems there is always no limit of dollars to dole out to get good press, but by golly if you need a 6 year old laptop replaced to be productive, you're SOL. What a JOKE this place is!

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Post ID: @pqc+1cxKSXxh

@zsr+1cxKSXxh is correct.

Businesses give to charities for the goodwill and the tax write offs.

OP reminds me of the people complaining about sports stadiums having bank names on them during the housing crisis, when we were bailing the banks out.

Were the banks supposed to stop advertising, which is all stadium sponsorship is?

There are a lot of reasons to be upset with WF, giving to a charity ain't one of them.

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Post ID: @fod+1cxKSXxh

You are so anxious to spread hate that you do not even understand what you are writing about.

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Post ID: @zsr+1cxKSXxh

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