Greed + Stupidity = a Wells Fargo senior vice president

[dbapig]

I read the article because I first thought it was about some housing story in Malibu.

It turned out to be a story of what happens when you merge the greed (of Madoff) and stupidity (rich victims of Madoff) into ONE person. Basically you end up with a Wells Fargo senior vice president. In this case a Sr. VP who’s supposed to be in charge of foreclosed commercial properties that Wells Fargo owns.

http://www.latimes.com/business/la-fi-malibu-wells11-2009sep11,0,1323579,full.story

Basically a rich couple lost a $12 million beach house in Malibu. The owner couple refinanced it for $3 million with Wells Fargo Bank in 2007. The couple ends up losing the property when they lost $ with, you guessed it, Madoff. Up to here, it’s just normal story. Than the story gets interesting.

Neighbors notice strangers spending weekends and having a large party at the house. And they know the property hasn’t been sold yet.

Read on.

[Allan from Fallbrook]

Wow. If Wells Fargo doesn’t fire her, I will be amazed. There are so many issues at work here, from a liability and litigation standpoint, it ain’t even funny.

Again, wow.

[Allan from Fallbrook]

Wow. If Wells Fargo doesn’t fire her, I will be amazed. There are so many issues at work here, from a liability and litigation standpoint, it ain’t even funny.

Again, wow.

[Allan from Fallbrook]

Wow. If Wells Fargo doesn’t fire her, I will be amazed. There are so many issues at work here, from a liability and litigation standpoint, it ain’t even funny.

Again, wow.

[Allan from Fallbrook]

Wow. If Wells Fargo doesn’t fire her, I will be amazed. There are so many issues at work here, from a liability and litigation standpoint, it ain’t even funny.

Again, wow.

[Allan from Fallbrook]

Wow. If Wells Fargo doesn’t fire her, I will be amazed. There are so many issues at work here, from a liability and litigation standpoint, it ain’t even funny.

Again, wow.

[UCGal]

I agree with Allan – WOW. She should definitely be fired.

Can you imagine? You’re a bank employee – an undeniably fabulous house comes across your desk. Not only do you NOT market it even when unsolicited offers are landing on your desk… you move into the house.

Wow!

[UCGal]

I agree with Allan – WOW. She should definitely be fired.

Can you imagine? You’re a bank employee – an undeniably fabulous house comes across your desk. Not only do you NOT market it even when unsolicited offers are landing on your desk… you move into the house.

Wow!

[UCGal]

I agree with Allan – WOW. She should definitely be fired.

Can you imagine? You’re a bank employee – an undeniably fabulous house comes across your desk. Not only do you NOT market it even when unsolicited offers are landing on your desk… you move into the house.

Wow!

[UCGal]

I agree with Allan – WOW. She should definitely be fired.

Can you imagine? You’re a bank employee – an undeniably fabulous house comes across your desk. Not only do you NOT market it even when unsolicited offers are landing on your desk… you move into the house.

Wow!

[UCGal]

I agree with Allan – WOW. She should definitely be fired.

Can you imagine? You’re a bank employee – an undeniably fabulous house comes across your desk. Not only do you NOT market it even when unsolicited offers are landing on your desk… you move into the house.

Wow!

[briansd1]

I agree, wow, she should be fired.

[briansd1]

I agree, wow, she should be fired.

[briansd1]

I agree, wow, she should be fired.

[briansd1]

I agree, wow, she should be fired.

[Author]

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