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HarlemHxC814 Icon : (28 August 2014 - 10:29 PM) I'm still pissed off about that
ROBJETS Icon : (28 August 2014 - 10:43 PM) Its not that Im worried about the preseason game itself. i could care less about that. Its the fact of how bad we got destroyed. And some of the guys will be on the team and others on the fringe so getting destroyed like that doesnt fill me with confidence
ROBJETS Icon : (28 August 2014 - 10:44 PM) It would be one thing if it was just the second half or 4th quarter but this was the whole game. especially getting destroyed in the 1st quarter and at least part of the 2nd where a lot of the guys will be on the team
ROBJETS Icon : (28 August 2014 - 10:48 PM) 2nd and 3rd stringers making the team had something to prove and even our 2nd stringers got owned so yes Im very concerned. The first stringers need breaks and also if some of them get injured they need to step up. So no after this performance start to finish Im very concerned
HarlemHxC814 Icon : (29 August 2014 - 06:39 AM) Meh...you're reading too much into it
HarlemHxC814 Icon : (29 August 2014 - 06:40 AM) Even in seasons where the Jets blew, I haven't seen anyone refer to the preseason to complain. Ever.
Jetsfan115 Icon : (29 August 2014 - 09:15 AM) fire izdik http://theredzone.or...rs/Default.aspx
Jetsman05 Icon : (29 August 2014 - 11:17 AM) I picture Rob and 115 as real life friends
Jetsfan0099 Icon : (29 August 2014 - 04:01 PM) Holmes can still play, problem is that hes also a cancer. He wore out his welcome with the Jets
ganggreen2003 Icon : (29 August 2014 - 08:23 PM) did Hill get cut?
HarlemHxC814 Icon : (29 August 2014 - 09:00 PM) Haven't seen anything yet
MikeGangGree... Icon : (29 August 2014 - 09:06 PM) Whos ready for the season!!? WOOOOO
azjetfan Icon : (30 August 2014 - 11:54 AM) Hill has been cut
MikeGangGree... Icon : (30 August 2014 - 01:24 PM) Who wants to take bets he ends up in NE
ROBJETS Icon : (30 August 2014 - 02:18 PM) We'll I guess you guys are fools then in thinking im a fool for being concerned. Do any of you even know that in 2013 the Jets gave up the most passing yards in the franchise since 1986? And our secondary right now is worse than last year right now. To not be concerned is utterly foolish.
ROBJETS Icon : (30 August 2014 - 02:19 PM) Unless our d-line has a monstrous year odds are the team will be eaten up in the pass. Every team will game plan to exploit the pass this year.
ROBJETS Icon : (30 August 2014 - 02:56 PM) Patterson got cut
flood555 Icon : (30 August 2014 - 03:24 PM) Patterson must have been a huge cancer to get cut
flood555 Icon : (30 August 2014 - 03:26 PM) is there a midseason draft? we need a DB!
Jetsfan0099 Icon : (30 August 2014 - 03:58 PM) Our week 1 starting CBs will be Antonio Allen and Darrin Walls... wow
Jetsfan0099 Icon : (30 August 2014 - 03:58 PM) interesting that Simms and Boyd were released
Jetsfan0099 Icon : (30 August 2014 - 04:00 PM) No more McIntyre
ROBJETS Icon : (30 August 2014 - 05:20 PM) Pretty sure some of these cuts like Simms and McIntyre were made for removing some more cap space to try to find some decent corners and maybe another reliable wr. Possibly get some players cheap. I'd say the current 53 roster will change a good bit in the next week.
ROBJETS Icon : (30 August 2014 - 05:23 PM) I just hope Geno doesn't get hurt or we are horse f*cked. Vick sure as hell can't stay healthy for a full season. I guess the FO could also be think of picking up an old vet cut as 3rd qb. Simms is ok but I'd never trust him to win a regular season game if he was put in.
ROBJETS Icon : (30 August 2014 - 05:25 PM) Anyway it's going yo be an interesting week.
Jetsfan0099 Icon : (30 August 2014 - 10:18 PM) I doubt it was about freeing up money, considering we are way under. Like more than $20 mil, way more than enough to find some vet minimum CB
Jetsfan0099 Icon : (30 August 2014 - 10:19 PM) it's more about the roster numbers. McIntyre was replaced by rookies. IK showed flashes when he played
bleedsgreen Icon : (31 August 2014 - 08:34 AM) McIntyre is a shock to me he was a solid backup and made some big plays
ganggreen2003 Icon : (31 August 2014 - 04:44 PM) 1 week till we are 1-0
ganggreen2003 Icon : (31 August 2014 - 04:44 PM) we need to annihilate the GAYders
azjetfan Icon : (31 August 2014 - 05:28 PM) We claimed McFadden from the Browns. Knows the system should be able to contribute right away
azjetfan Icon : (31 August 2014 - 05:29 PM) Watching the Browns game now. Playing all three CB spots. Looks OK. A little grabby although he has not been called for it
azjetfan Icon : (31 August 2014 - 05:30 PM) Might be a little aggressive and get burnt over top
HarlemHxC814 Icon : (31 August 2014 - 10:26 PM) FIRE IDZIK
Jetsfan0099 Icon : (Yesterday, 06:58 AM) ^^^ agreed
ganggreen2003 Icon : (Yesterday, 12:25 PM) all the admins on this page should be fired
ganggreen2003 Icon : (Yesterday, 12:25 PM) for being assclowns
Jetsfan0099 Icon : (Yesterday, 04:17 PM) The Jets are fucked at CB, signing some bums now. We need Milliner to get healthy
MikeGangGree... Icon : (Yesterday, 04:20 PM) We have signed CB Phillip Adams
ganggreen2003 Icon : (Yesterday, 05:55 PM) The Gayders are playing Derek Carr against the JETS
ganggreen2003 Icon : (Yesterday, 05:55 PM) our D Line better put him in a WORLD OF PAIN
MikeGangGree... Icon : (Yesterday, 06:11 PM) Rookie QB in our house...Rex do your thing!!
Jetsfan0099 Icon : (Yesterday, 09:56 PM) with Antonio Allen and Darrin Walls as our starting CBs
Jetsfan0099 Icon : (Yesterday, 10:00 PM) our offense should be better than last year, Geno looks more comfortable
Jetsfan0099 Icon : (Yesterday, 10:03 PM) The Jets released Jeremiah George and Ellis Lankster, hopefully George finds his way to the PS. AJ Edds was re-signed
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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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#3 User is offline   SecondHandJets Icon

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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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#4 User is offline   azjetfan Icon

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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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#6 User is offline   azjetfan Icon

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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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