The fine print: the 1 time charge item will be 3.3 billion loss… Lol…
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Wells will have a good idea of their 1Q09 earnings in about three years. No one in the universe – including the Spirit itself – knows what Wells Fargo “earned” during 1Q. Until we’re out of the woods in this credit crisis, it’s all a bunch of noise. Such is the nature of Big Banking.
