Wells Fargo

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The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts

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The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses around trillions of dollars, nearly … Read more

Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers

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Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive … Read more

Bitcoin Price Watch: Currency at $8,077

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At press time, the father of cryptocurrency is down somewhat and trading for $8,077. This is about $100 less than where it stood yesterday afternoon. While this isn’t something to necessarily worry about, it does bring up some interesting notions regarding bitcoin. While the currency does appear to be sparking curiosity throughout the investor arena, … Read more