Read more Wells Fargo stories on Newserhttp://www.newser.com/taggrid/3652/wells-fargo.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 6:56:08 CSThttp://www.newser.com/story/69406/wells-fargo-fires-exec-who-squatted-at-malibu-pad.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWells Fargo said today it has fired the executive who turned a seized California beachfront mansion into a personal playground, the Los Angeles Times reports. Neighbors say they saw Cheronda Guyton staying in the $12 million Malibu Colony property, which had been turned over to the bank by a couple...http://www.newser.com/story/69406/wells-fargo-fires-exec-who-squatted-at-malibu-pad.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 14 Sep 2009 18:52:38 CDThttp://www.newser.com/story/69236/wells-fargo-exec-squats-in-foreclosed-beach-house.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWells Fargo has tried to distance itself from an executive who allegedly hung out in a bank-owned $12 million beach house, promising “decisive action” against any employee “who may have violated Wells Fargo’s policies.” Cheronda Guyton, the senior VP in charge of foreclosed commercial properties, allegedly spent weekends with her...http://www.newser.com/story/69236/wells-fargo-exec-squats-in-foreclosed-beach-house.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 12 Sep 2009 8:51:25 CDThttp://www.newser.com/story/67795/subprime-screwups-reap-subsidies.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMany of the lenders eligible for $75 billion in taxpayer subsidies from the government's foreclosure prevention program are the very same subprime lenders who fueled the mortgage crisis in the first place, the Washington Post reports. According to a report to be released tomorrow, JPMorgan, Countrywide, Wells Fargo, and other...http://www.newser.com/story/67795/subprime-screwups-reap-subsidies.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 26 Aug 2009 5:03:00 CDThttp://www.newser.com/story/66070/bofa-wells-fargo-rank-worst-for-loan-modifications.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America began modifying just 4% of its loans eligible under the Making Home Affordable Act, according to a Treasury report on big banks' performance, while Wells Fargo started just 6%. JPMorgan Chase led the pack with 20%, Bloomberg reports, while Citigroup had 15%. “Some of the servicers could...http://www.newser.com/story/66070/bofa-wells-fargo-rank-worst-for-loan-modifications.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 04 Aug 2009 11:44:06 CDThttp://www.newser.com/story/58517/under-pressure-fed-cooked-some-stress-test-results.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIn the wake of reports that complaining banks cajoled the Federal Reserve into sweetening some stress test results, the Wall Street Journal looks at the hard numbers. Citigroup, for example, was originally supposed to raise $35 billion; the number eventually released was $5.5 billion. The total for Bank of...http://www.newser.com/story/58517/under-pressure-fed-cooked-some-stress-test-results.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 09 May 2009 11:39:01 CDThttp://www.newser.com/story/58382/bank-wrangling-softened-stress-test-results.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSome major banks managed to cajole the government into using more optimistic figures in its "stress test" results, insiders tell the Washington Post . Banks like Citigroup—eager to show they were healthy and didn't need more help from the government—were given credit for pending moves to raise capital, resulting...http://www.newser.com/story/58382/bank-wrangling-softened-stress-test-results.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 08 May 2009 5:40:46 CDThttp://www.newser.com/story/58217/top-subprime-lenders-owned-by-bailout-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSome 21 of the top 25 subprime lenders that triggered the global economic collapse were either owned or financed by banks that ended up needing bailouts, an analysis by the Center for Public Integrity finds. Among the backers, who make huge profits on the subprime business, were Lehman Brothers, Merrill...http://www.newser.com/story/58217/top-subprime-lenders-owned-by-bailout-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 06 May 2009 9:28:53 CDThttp://www.newser.com/story/58149/stocks-fall-back-dow-off-16.html?utm_source=syn&utm_medium=rss&utm_campaign=tagYesterday’s rally failed to carry stocks today, with traders nervously anticipating weekly and monthly employment reports as well as the bank stress-test results later this week, the Wall Street Journal reports. Bank of America rose 5.4%, while Wells Fargo dropped 3.3%. The Dow fell 16.09 to close...http://www.newser.com/story/58149/stocks-fall-back-dow-off-16.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 05 May 2009 15:19:57 CDThttp://www.newser.com/story/58044/wells-fargo-9-others-expected-to-fail-stress-test.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Obama administration is expected to tell 10 of 19 banks receiving "stress tests" to raise more capital as a buffer against possible dark days ahead, the Wall Street Journal reports. Down from a recent estimate that 14 banks needed more money, the list may include Wells Fargo, Bank of...http://www.newser.com/story/58044/wells-fargo-9-others-expected-to-fail-stress-test.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 04 May 2009 20:51:00 CDT