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Jetsfan115 Icon : (18 May 2016 - 10:40 AM) from the looks of it, nobody is excited lol
santana Icon : (18 May 2016 - 10:27 PM) I'm excited for geno smith. His jaw will survive the off season.
Jetsfan115 Icon : (19 May 2016 - 06:26 PM) not true, never know who might punch him
MikeGangGree... Icon : (21 May 2016 - 05:38 PM) f*** Geno smith
MikeGangGree... Icon : (21 May 2016 - 05:39 PM) J-E-T-S JETS JETS JETS!!!
mgjetman Icon : (23 May 2016 - 02:01 PM) Geno really needs to go away. Double f**k Geno.
Jetsfan115 Icon : (23 May 2016 - 02:21 PM) Fitzpatrick said he wants to play for the jets and that he won't retire
HarlemHxC814 Icon : (23 May 2016 - 06:50 PM) This street thug Darron Lee hasn't signed yet
MikeGangGree... Icon : (25 May 2016 - 05:32 PM) that damn dirty street thug
Jetsfan115 Icon : (31 May 2016 - 10:28 AM) jets offered fitz 3 years 24 million dollar deal. 12 million for 2016 and 6 million each for 2017 and 2018. fitz is unhappy with the 2017 and 2018 number
MikeGangGree... Icon : (01 June 2016 - 01:45 PM) Street thug
MikeGangGree... Icon : (01 June 2016 - 01:47 PM) I really don't like Devin Smith he cost us 2 games last season with his hands of stone
Jetsfan115 Icon : (01 June 2016 - 04:27 PM) he's a rookie
Jetsfan115 Icon : (01 June 2016 - 04:27 PM) i'm more concerned we really don't have a slot WR. all of our guys are outside guys
Jetsfan115 Icon : (01 June 2016 - 04:27 PM) i wonder if amaro is gonna be a big slit guy and blocker for us
Jetsfan115 Icon : (01 June 2016 - 04:27 PM) slot
MikeGangGree... Icon : (01 June 2016 - 09:22 PM) Sources told NY daily news.Fitzpatrick is about to sign 1 year deal
MikeGangGree... Icon : (01 June 2016 - 10:06 PM) We didn't have a slot WR last year also. I do Amaro steps up I really do like him
MikeGangGree... Icon : (02 June 2016 - 09:46 AM) Ok so the jets won't take the deal. My question is why?? 1 year 12 million when they are already offering him 12 million in his first year
Jetsfan115 Icon : (02 June 2016 - 01:24 PM) 2 reasons, 1st off for salary cap relief this year. we have no cap room this year but plenty next year. a multi year deal and backload the contract and 2, why pay a guy 12 mil for 1 year with no guarentee and go thorugh this again
Jetsfan115 Icon : (02 June 2016 - 01:24 PM) fitz said he'd take a 1 year deal but jets don't want that
Jetsfan115 Icon : (02 June 2016 - 01:25 PM) they should offer him a 3 years for 30 mil. 12 this year (half in the signing bonus for cap relief) 10 mil next year and 8 mil the 3rd year. 1st 2 years guarenteed (22 mil)
RetireChrebet Icon : (03 June 2016 - 03:37 AM) You know your fucked when the biggest offseason story is can we convince a journeyman QB whom singlehandedly threw us out of the playoffs last year to sign a deal worth way more than his actual value!
MikeGangGree... Icon : (03 June 2016 - 09:59 AM) Ok jets brothers I need fantasy football help. Who should I keep in my keepers league. We have to decide by July
MikeGangGree... Icon : (03 June 2016 - 10:00 AM) Should I keep Cam Gurley or Bell?
MikeGangGree... Icon : (03 June 2016 - 10:01 AM) Cam had a monster year last year and in our league it's 6 points per PassTd and cam is getting his best WR back.
MikeGangGree... Icon : (03 June 2016 - 10:01 AM) Gurley was a monster last year as a rookie
MikeGangGree... Icon : (03 June 2016 - 10:03 AM) Bell missed most of the year with a injury but it's also a PPR league. In only 6 games last year he =100 points
MikeGangGree... Icon : (03 June 2016 - 10:04 AM) Cam also had 45 total TDs last year
Jetsfan115 Icon : (03 June 2016 - 10:50 AM) I'd keep bell
Jetsfan115 Icon : (03 June 2016 - 10:50 AM) there are maybe like 5 #1 fantasy RBs at best and you need to start at least 2
Jetsfan115 Icon : (03 June 2016 - 10:50 AM) QBs are easier to find. I had cam in 2 leagues and drafted him way late. RBs are impossible to find late
MikeGangGree... Icon : (04 June 2016 - 07:53 PM) FIRE FITZPATRICK
MikeGangGree... Icon : (04 June 2016 - 07:53 PM) That Damn dirty street thug
MikeGangGree... Icon : (05 June 2016 - 09:43 PM) In other news the NBA finals is like A NFL team Playing a college football team.
Jetsfan115 Icon : (06 June 2016 - 11:23 AM) line is in. jets are favorites for 5 games, pick for 2, and underdog for 9
MikeGangGree... Icon : (08 June 2016 - 04:56 PM) We play better as a underdog
santana Icon : (12 June 2016 - 03:54 PM) JETS JETS JETS
santana Icon : (13 June 2016 - 09:28 AM) Update on the #Jets situation with Ryan Fitzpatrick: Nothing. … Just nothing. Doesn't seem like things will change heading into minicamp.
Jetsfan115 Icon : (13 June 2016 - 10:39 AM) yeah every day i check for an update and every day, nothing
vjdbbq Icon : (14 June 2016 - 05:43 AM) Where's Rob and his ass ?
Mario Icon : (20 June 2016 - 06:21 PM) Any Jets fan in the Kansas city, Missouri area, that will be going to the game on the 25th of September?
vjdbbq Icon : (22 June 2016 - 07:29 AM) No Mario ; you will be there alone .
MikeGangGree... Icon : (25 June 2016 - 07:15 PM) FIRE FITZPATRICK
MikeGangGree... Icon : (Today, 12:00 PM) Sheldon Richardson suspended for 1 game for violating league substance abuse policy
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Wells Fargo (Wachovia) Fines $85M If you own WFC stock sell NOW.

#1 User is offline   azjetfan Icon

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Posted 21 July 2011 - 08:48 PM

Wells Fargo’s $85 Million Fine

Posted on21 July 2011. Tags: $85 million, 12000 individuals, 85 million dollars, banking, banking industry, Board of Governors, Board of Governors of the Federal Reserve, borrowers, employee contracts, Fed Reserve, Federal Reserve, high priced loans, John Stumpf, loan applications, loans, The Federal Reserve, Wells Fargo, Wells Fargo & Co., Wells Fargo Financial Inc., Wells Fargo mortgage


Wells Fargo & Co., in an official statement, announced that it had reached an agreement with the Board of Governors of the Federal Reserve on the subject of accusations that company’s financial unit (Wells Fargo Financial Inc.) maliciously lured borrowers into getting significantly high-priced loans while also being lax (or deliberate) in regulating loan applications that were fraudulent or had falsified information.

As a result, Wells Fargo has been fined 85 million U.S dollars in civil penalties, the largest fine that the Federal Reserve has ever dished out to a company in history.

The Federal Reserve has even barred 16 individuals involved from ever working in the industry again.

Wells Fargo’s Chairman and CEO John Stumpf stated,


http://inewp.com/?p=8160

“The alleged actions commited by a relatively small group of team members are not what we stand for at Wells Fargo . . . Fair and responsible lending practices have been at the core of our culture, and they will continue to guide us as we work closely with the Federal Reserve to provide restitution to customers who may have been harmed, and to reinforce our internal controls so they further reflect Well Fargo’s commitment to helping customers succeed financially.”

Despite the consent of Wells Fargo in paying the $85 million, the company does not need to admit to ever doing what the allegations accused the company’s financial unit of.

Before and during the investigation, Wells Fargo terminated its employee contracts with those involved and provided some forms of financial compensation to those negatively affected.

Now that the investigation and agreement is over, Wells Fargo must continue compensating those harmed which is estimated to exceed a total of 12,000 individuals.
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#2 User is offline   azjetfan Icon

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Posted 21 July 2011 - 08:51 PM

When I worked at Wells I saw this happing first hand. I just shook my head. The sad thing is the people who did it really did not get any real incentive. There sales culture is so heavy that you just wanted to show numbers so you didnt have to listen to your manager.
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Posted 21 July 2011 - 09:05 PM

f***! I'm closing on two deals next week and both buyers are bieng financed by Wells! I hope this doesn't affect them.
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Posted 21 July 2011 - 10:11 PM

View PostSecondHandJets, on 21 July 2011 - 09:05 PM, said:

f***! I'm closing on two deals next week and both buyers are bieng financed by Wells! I hope this doesn't affect them.


Probably not. This issue is not new just now being resolved.
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Posted 22 July 2011 - 09:01 AM

Wells fargo sales people = douchebags

i serviced a couple offices last year in the dc area and got to know a few


DOUCHEBAGS
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Posted 22 July 2011 - 12:43 PM

I was there for 5 years. Here is a typical day for a store manager

7:45 Sales teleconference with DM (distict Manager). You would report how many appointments you had set for the day and what you were doing to hit plan. Usually if you did not have at least 3 per banker set you would get greif.

8:30 Sit with your PBs and Service manager to see what there plan is to hit there goal. If they did not have a plan you would have to either give them greif or help. PBs needed 10 sales a day and the Service Manager had to make sure each teller had 2 sales.


11:30 Follow up with Bankers and SM to see where you stand for the day.

12:00 Teleconference with distict Manager to say where you are. Hopefully you have #s to report otherwise you will get grief and have to be on the 2:00 harrasment call.

1:00 you might get a lunch break but dont plan on it.

2:00 On teleconference if you did not have your numbers @11:00 this was a call you did not want to be on. It got ugly.

6:00 Nightly call with DM. You would report your numbers for the day. If you did not hit your goal you had to share your plan on how to hit your plan the next day. If you were not on track for the month you would be required to stay and make sales calls (cold calls) until you set appointments.

Also If you were not at your X-sell target or any particular metric you would have a weekly harrasment call with your Regional VP and DM. This was a call that sucked. Basicly you had to explain why you suck and why you did not sell that college kid 2 checking accounts or 2 savings accounts or any other product they did not need.

Wells Fargo B of A Citi all suck. Stay away from the big banks. They are after nothing but your money. I am fortunate to work for a smaller regional bank now that trusts there people and treats there customers right. The day I gave notice at Wells a branch about an hour north fired there whole staff for sales integrity.
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