Wells Fargo is desperately throwing spaghetti at the wall hoping something sticks.
Hiring a former diplomat to schmooze their way out of the Asset Cap, the $30 Billion Buyback that drove stock 📉 4 points, $550 Million for Neiman Marcus space, “going on the offensive” in Wealth Management after claiming to spend $1 Billion on some invisible revamp, investing $87 Million purportedly to create 1100 jobs in Roanoke, gauche lighting in Charlotte..
Reminds me of:
The 5 foot tall guy driving city streets in his Hummer H1
The poor guy with the comb-over.
The guy at the beach wearing the mesh low-rider thong Speedo .
Wells Fargo Yes-Men.
Me, as a teenager, trying to explain to my dad how his car mysteriously has front-end AND back-end damage but it wasn’t from when I was driving it.
Hiring Charlie for double the money, because no one else was willing to undercut his own country’s jobs market.
Desperation.