New Orleans The queue to “count coup” on Bank of America and its decision to step back from stealing debit card fees from its customers is almost unseemly. We expect it from politicians, and props to Senator Durbin, VP Joe Biden, and the rest of the DC gang for the pile-on, which in fact was …
Tag: wells fargo
Federal Reserve Blasts Wells Fargo with Largest Ever Fine
New Orleans I may still be under a gag order on ACORN’s final settlement with Wells Fargo, but who knows at this point and who would care now. Wells Fargo was always about hard ball and hard bargaining, but when we moved after than in 2004 after settling first with Ameriquest and then Household Finance …
Banks Silently Step up on Remittances
Atlanta On ACORN International’s Remittance Justice Campaign (www.remittancejustice.org) we have had difficulty getting any response from the big banks except in the most cursory terms. Wells Fargo did finally reply and told us they were doing great within a small footprint of countries. Bank of America and JP Morgan/Chase were stone silent. Not surprisingly given …