WELLS FARGO RECALIBRATION IS BOTTOMLESS

Wells has yet, again, another request for corrections to its operating aspect.  Last week, the company was asked to replace four of its board members and face curbs on its asset growth until it improves its business practices (per the Federal Reserve).  The order limits growth beyond that reported at the end of 2017, unless prior regulatory approval is granted.  This well and its requirements for change appear to be bottomless!

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