The US Has Filed A Civil Suit (Just Another Fine) Against Wells Fargo For Alleged Mortgage Fraud... Couldn't happen to a nicer crony capitalist's favorite stock:
U.S. FILES CIVIL MORTGAGE FRAUD SUIT AGAINST WELLS FARGO
U.S. CLAIMS WELLS FARGO FALSELY CERTIFIED FHA LOANS
GOVERNMENT SEEKS DAMAGES AND PENALTIES FOR RECKLESS LOANS
FHA FORCED TO PAY `HUNDREDS OF MILLIONS' FOR DEFAULTED LOANS
Well, Charlie: "Suck it in" (even more than just the recent epic collapse of BYD of course). As for Wells, sorry Warren, but just like gold, you can't really fondle that stock certificate, held by DTCC in proxy, either.
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