THE CONTINUING STRUGGLES OF WELLS FARGO

Wells’ CEO Timothy Sloan is still struggling with the company’s efforts to repay customers hurt by improper fees on car loans and home mortgages.  One would think it would be a simple matter of cutting a check or crediting customers’ accounts – that’s the normal banking approach, right?  Oh, wait – this is a bank. . .so what constitutes the repayment problem?  Congress has been asking, on behalf of Wells’ customers.