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@DWAZ73 : One other thing: Idzik now has landed arguably No. 1 QB, RB and WR in free agency this offseason despite deliberate approach. #Jets
azjetfan Icon : (Yesterday, 02:40 PM) Snell
santana Icon : (Yesterday, 02:41 PM) The title race is real
Chaos Icon : (Yesterday, 02:42 PM) Jordan...what number was he? it was 30sometihng
Chaos Icon : (Yesterday, 02:43 PM) tanaka had a great game today. gave up 2 hits due to bunts. 10K
Mr_Jet Icon : (Yesterday, 02:48 PM) Jordan was #34 with the Jets.
Jetsfan0099 Icon : (Yesterday, 03:03 PM) Tanaka is looking like a stud
Jetsfan0099 Icon : (Yesterday, 03:04 PM) Jets added Vick, Chris Johnson, and Eric Decker to the offense.
Jetsfan0099 Icon : (Yesterday, 03:04 PM) FIRE IDZIK
Jetsfan0099 Icon : (Yesterday, 03:04 PM) And this draft is loaded at the offensive skill positions
Jetsfan0099 Icon : (Yesterday, 03:04 PM) Hopefully we can get anohter starting WR and starting TE in the draft
Jetsfan0099 Icon : (Yesterday, 03:05 PM) Our offense could be much better than last year
Jetsfan0099 Icon : (Yesterday, 03:05 PM) can't get much worse than what it's been the last 2 years
santana Icon : (Yesterday, 03:22 PM) Very cool
HarlemHxC814 Icon : (Yesterday, 03:24 PM) FIRE IDZIK
Jetsfan115 Icon : (Yesterday, 03:32 PM) still need another WR
Jetsfan115 Icon : (Yesterday, 03:33 PM) so i bet powell barely gets any touches this year and goodson gets cut
azjetfan Icon : (Yesterday, 03:34 PM) Goodson is as good as gone.
azjetfan Icon : (Yesterday, 03:34 PM) With all his legal issues and coming off injury he is done. Possibly even in the NFL
Jetsfan0099 Icon : (Yesterday, 03:39 PM) Powell is average anyways.
Chaos Icon : (Yesterday, 03:39 PM) @ProFootballTalk 5m

Per source, Chris Johnson's two-year deal has a base value of $8 million, with another $1 million available in incentives based on yardage.
Jetsfan0099 Icon : (Yesterday, 03:40 PM) He does a lot of things well, but isn't talented enough. Johnson has breakaway ability still and Ivory is man beast running the football
Jetsfan0099 Icon : (Yesterday, 03:41 PM) We will get another WR in the draft. Even in round 2 you can get a starting WR
azjetfan Icon : (Yesterday, 04:09 PM) I am still standing by my CB in the first round and WR in the second prediction
santana Icon : (Yesterday, 05:19 PM) The title race is bale
azjetfan Icon : (Yesterday, 05:34 PM) Sidney rice coming in for a visit
Jetsfan0099 Icon : (Yesterday, 05:49 PM) I think the Jets are getting themselves ready to draft best player available
Jetsfan0099 Icon : (Yesterday, 05:49 PM) Last year they stuck to their board
HarlemHxC814 Icon : (Yesterday, 06:27 PM) if they sign him I think that means they look to take a CB round 1
2JBallar01 Icon : (Yesterday, 06:32 PM) “@AdamSchefter: RB Chris Johnson's 2-year deal with Jets has a team option in it for year two. Jets have option to pick up year two at $4M in February 2015.”
Jetsfan0099 Icon : (Yesterday, 06:51 PM) @AlbertBreer 2m
Sidney Rice has agreed to terms with the Seahawks on a one-year deal, per source.
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Jetsfan0099 Icon : (Yesterday, 06:55 PM) There is really only 2 CBs worth taking at 18
Jetsfan0099 Icon : (Yesterday, 06:56 PM) I rather get a offensive playmaker
ganggreen2003 Icon : (Yesterday, 06:58 PM) LaMont Jordan was 34
Jetsfan0099 Icon : (Yesterday, 06:59 PM) liar
ganggreen2003 Icon : (Yesterday, 07:05 PM) He wore #34 when he played for the JETS
ganggreen2003 Icon : (Yesterday, 07:05 PM) I should know I met him at an event in his last year with the JETS before he went to Oakland
ganggreen2003 Icon : (Yesterday, 07:05 PM) GFYS 0099 you shit talker
HarlemHxC814 Icon : (Yesterday, 07:06 PM) http://www.nydailyne...entry-1.1758342
HarlemHxC814 Icon : (Yesterday, 07:06 PM) there's no reason we can't have someone off this site on that list too
azjetfan Icon : (Yesterday, 07:08 PM) Rice resigned with Seattle
Jetsfan0099 Icon : (Yesterday, 07:08 PM) did you scare him into going to Oakland?
Chaos Icon : (Yesterday, 08:18 PM) unfortunately those sites are too much bigger than our
MikeGangGree... Icon : (Yesterday, 10:51 PM) WOOOO
santana Icon : (Yesterday, 11:01 PM) I'm sure it's possible but this isn't a blog site as much as its a login and yell about the jets site
santana Icon : (Yesterday, 11:01 PM) WOO
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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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