Wells Fargo Whistleblower: “They Are All Riding the Stagecoach to Hell”

What a wicked web they weave when first they practice to deceive.

Onc’t they was a little boy would n’t say his pray’rs—
An’ when he went to bed at night, away up stairs,
His mammy heerd him holler, an’ his daddy heerd him bawl,
An’ when they turn’t the kivvers down, he was n’t there at all!
An’ they seeked him in the rafter-room, an’ cubby-hole, an’ press,
An’ seeked him up the chimbly-flue, an’ ever’wheres, I guess;
But all they ever found was thist his pants an’ roundabout!
An’ the Gobble-uns ’ll git you
Ef you

An’ little Orphant Annie says, when the blaze is blue,
An’ the lampwick sputters, an’ the wind goes woo-oo!
An’ you hear the crickets quit, an’ the moon is gray,
An’ the lightnin’-bugs in dew is allsquenched away,—
You better mind yer parents, and yer teachers fond and dear,
An’ churish them ’at loves you, an’ dry the orphant’s tear,
An’ he’p the pore an’ needy ones ’at clusters all about,
Er the Gobble-uns ’ll git you
Ef you

It’s getting so close to Halloween…ya know? Don’t you just love James Whitcomb Riley?

Justice League


I recently spoke to a former Wells Fargo employee turned whistleblower about the ongoing issues of fraud and predatory banking practices implemented by the bank regarding the ongoing housing and mortgage fraud. Beth Jacobson is a former high level employee of the bank, who told me:

“In 1998, I was hired by Wells Fargo Home Mortgage as a ‘Home Mortgage Consultant’ or loan officer. I worked for Wells Fargo Home Mortgage (‘Wells Fargo’) until December, 2007. After a period of time, I was promoted to Sales Manager. I told DOJ over six years ago about Wells Fargo’s quotas. At that time it was subprime loans. A loan officer had to fund three subprime loans per month. If there was a quarter when that didn’t happen, they were fired. So the result is prime borrowers were put in subprime loans so that the loan officer kept their job.

[John] Stumpf…

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