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Jets hire Maccagnan as GM and Bowles as HC. Who's starting the billboard fundraiser?
HarlemHxC814 Icon : (24 January 2015 - 08:42 PM) FIRE HEIMERDINGER
ganggreen2003 Icon : (24 January 2015 - 08:47 PM) STFU Harlem you are f***ing getting real annoying with this FIRE bullshit
HarlemHxC814 Icon : (24 January 2015 - 09:13 PM) I thought you didn't pay attention to me
HarlemHxC814 Icon : (24 January 2015 - 09:14 PM) You aaaaaare the wind beneath my wiiiiiiiiiings
a1elbow2.0 Icon : (24 January 2015 - 09:33 PM) I wonder if any possible new members come here, see no new posts for days and these about box conversations and wonder how the f*** this site is operational
MikeGangGree... Icon : (25 January 2015 - 12:22 AM) Would u rather FIRE EVERYONE or SUCK FOR THE DUCK
Jetsfan0099 Icon : (25 January 2015 - 05:20 PM) Looks like we are having a blizzard the next 2 days over here.
HarlemHxC814 Icon : (25 January 2015 - 06:50 PM) My boss still said to come in lol
HarlemHxC814 Icon : (25 January 2015 - 06:50 PM) Possibility for midday dismissal though
Chadforpresi... Icon : (25 January 2015 - 09:52 PM) FIRE HARLEM
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azjetfan Icon : (26 January 2015 - 05:36 PM) this site has become dismal.
Mr_Jet Icon : (26 January 2015 - 06:47 PM) Thanks Obama.
Mr_Jet Icon : (26 January 2015 - 06:49 PM) But really for all of you complaining about the site. What is there to talk about? We have a new GM and HC that we don't know how good or bad they'll be yet. So there really isn't much to talk about with the draft still months away.
azjetfan Icon : (26 January 2015 - 09:59 PM) Even I can't blame Obama :drinks:
MikeGangGree... Icon : (26 January 2015 - 11:42 PM) It could be worse
MikeGangGree... Icon : (26 January 2015 - 11:42 PM) we could be Phinzrage
MikeGangGree... Icon : (26 January 2015 - 11:43 PM) We got nothing to talk about
HarlemHxC814 Icon : (27 January 2015 - 09:43 AM) HIRE MR JET
Jetsfan0099 Icon : (27 January 2015 - 11:17 AM) There are some good OGs available in FA, we have to sign one
Jetsfan0099 Icon : (27 January 2015 - 11:18 AM) Willie Colon was rated as one of the worst in football last season. So was Winters. Oday shows promise
Jetsfan0099 Icon : (27 January 2015 - 11:18 AM) Orlando Franklin, Mike Iupati, Clint Boling. Should sign one
HarlemHxC814 Icon : (27 January 2015 - 12:34 PM) Franklin or Iupati would be great
ganggreen2003 Icon : (27 January 2015 - 01:46 PM) hey reg how did you make out in this storm?
ganggreen2003 Icon : (27 January 2015 - 01:47 PM) we got slammed with snow but the wind didn't knock out our power so I made out pretty unscathed here in RI
ganggreen2003 Icon : (28 January 2015 - 01:14 PM) What sucks is that the NFL isn't going to throw the book at those CHEATS even though they may be found GUILTY
ganggreen2003 Icon : (28 January 2015 - 08:54 PM) This place is a GHOST TOWN
HarlemHxC814 Icon : (Yesterday, 10:24 AM) Nothing really to talk about in the offseason
Jetsfan0099 Icon : (Yesterday, 12:20 PM) Rex bashed Idzik in a interview today lol
Jetsfan0099 Icon : (Yesterday, 12:21 PM) Says Woody didn't want to fire him but had to because of 4 wins. That Idzik had hidden agendas and a plan that never worked.
Jetsfan0099 Icon : (Yesterday, 12:26 PM) I expect FA is going to be busy for us, I think public pressure forces them to make a splash because Maccagnan has to prove hes no Idzik and lose out on most FAs. We also have a lot of holes and could fix some with signings
santana Icon : (Yesterday, 02:19 PM) THE BEETS
santana Icon : (Yesterday, 03:05 PM) https://youtube.com/...h?v=xNEM3WUfGjY
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Jetsfan0099 Icon : (Today, 12:38 PM) Decker is recruiting Demaryius Thomas to join the Jets, too bad Thomas won't hit FA
santana Icon : (Today, 01:23 PM) he wont?
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MikeGangGree... Icon : (Today, 04:09 PM) Bring something to the table
HarlemHxC814 Icon : (Today, 04:13 PM) Teh table
ganggreen2003 Icon : (Today, 05:27 PM) I miss our banter everyone EXCEPT Harlem I don't like him very much cause he's annoying as hell and that Wind Beneath My Wings shit is such a example
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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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