Wednesday, August 30, 2006

Hostages in America

RK's opinion

To Any Wells Fargo Employee Former or Latter,

Most people would not understand what "stronger" means concerning Norwest taking over the Wells Fargo name in 1999. I would have not understood. The majority of people are not stupid just uninformed. Most only want to put their money into an account and pay their monthly bills and expenses. Norwest had a terrible reputation so they bought the Wells Fargo name. That in itself is deceptive. They started out a deception and a lie and that is how they will end. If Norwest had revealed the truth in 2000 this blog would not be here.

The stock market players have been working on jumping the prices to make another split since around 2002. Norwest went to great pains to make themselves look like Wells Fargo. Norwest from all my research in court records habitually raided accounts both federal and private. That is all these executives and stock gurus for Wells Fargo are. A bunch of raiding rats stealing other people's money. Dillinger did it. Jesse James did it. Wells Fargo executives do the robbing and stealing from inside the bank. I guess the nice thing about it is that these schmucks aren't considered killers and murders. At least not yet. But then again, how many people have committed suicide and murdered others stemming from the actions these corporate raiders and goons have pulled? I guess that is a whole other matter.
Besides, who am I that I would even consider the matter? I'm not some highly trained and educated bank teller or underwriter now am I. Come on people; get real with this thing. You are working for a terrorist organization!

Simply telling a horror story of checking whoas does not even come close to what they are doing. How much money did they get in the past 10 years from raiding SBA loans? SBA does not only cover small business loans. Many of the funds for many disasters like the floods in Illinois and Iowa and many other states are funded through SBA.

Senator Harkin from Iowa was head of the senate committee for SBA for many years. What happened that he was no longer committee head after 2003?

How many years will it take for our federal government to act?

As an employee of Wells Fargo are you willing to take the fall for what the executives are having you do?

Why does the Comptroller of the Currency not have any power to stop these thieves?

Has Wells Fargo opted out on FDIC?

Does the Comptroller of the Currency have any regulatory means to regulate Wells Fargo?

Are there any good attorneys out there that have any ethics that are willing to protect people from thieves at Wells Fargo?

The money in any bank belongs to the depositors not the bank. That bank cannot exist unless depositors and investors put their money in the bank. The money itself does not belong to the bank. It belongs to the investors and the depositors not the banks executives or some stock brokers trying to make a buck. People’s entire life savings are at risk with Wells Fargo. Wells Fargo is holding the finances of the nation hostage. Is that not considered terrorism when a few unethical corporate raiders are holding the wealth of a nation hostage?

When Wells Fargo took over First Security Bank in the West. They literally wiped out a good bank. First Security Bank had a long history of a good solid customer base and excellent employees. Taking over First Security Bank Wells Fargo ran it in the ground. Wiped out many long-term employees retirement funds. Why, because those employees believed in their own bank and invested in it. As depositors elderly people were taken in wire transfers handled by Wells Fargo employees from Idaho (First Security turning into Wells Fargo 2001) to (Wells Fargo) Minnesota. I know of one case that involved $10,000.00. I have heard of others. Ten thousand dollars is not a paltry sum. There are many others that Wells Fargo raided their kitties. These people are grandmas and grandpas who worked for and earned their life savings. They are not some trashy illegitimate banker, stockbrokers, lawyers and such. They were pipe fitter, welders, electricians, truckers, miners, grocery store clerks, librarians...... I could go on and on. These people are the backbone of this country. They earned what they have legally and ethically. It was taken from them illegally and unethically. Now tell me what a nice company Wells Fargo/Norwest is.

Many in the Federal government have responded that they cannot regulate this bank and they are not willing to investigate this bank. This is the response we get from our legislators, investigative agencies and the Office of the Comptroller of Currency of the Unites States.

We are a nation held hostage by this bank and the financial institution in which it exists. I don't see anybody screaming about the terrorism Wells Fargo has inflicted on many of its depositors, mortgagees, account holders and businesses loan accounts.

When this bank is allowed to illegally seize peoples life savings and property both personal and real, without any threat of repercussion, legal remedy or recourse, this means that the nation as a whole is at risk. The Iowa Supreme Court has a case on file that is readily available via the Internet for anyone to view. Wells Fargo was allowed and was assisted by others in seizing real and personal property from a man who had not requested, accepted nor had he ever applied for or signed his signature for a purported federally guaranteed SBA loan. In the outcome, Wells Fargo forcefully seized in excess of a million dollars worth of equipment and assets from this man and sold this man's property at auction for less than $100,000.00. The property and equipment the man had been totally and completely paid for. He owed nobody anything for this property.

WAKE UP AMERICA! IT CAN AND WILL HAPPEN AGAIN AND AGAIN. WILL IT BE YOU THE NEXT TIME? MAYBE IT WILL BE YOUR NEIGHBOR OR A FRIEND YOU KNOW OR ONE OF YOUR RELATIVES.

To some it's OK as long as it doesn't happen to them personally. Don't think that this man is ignorant or without knowledge. People, these instances of abuse by Wells Fargo will continue until "We the people" put a stop to it. Because of Wells Fargo's desire to locate their National Home Mortgage facility in Iowa, this man was expended though he had done no wrong nor had he behaved or acted illegally. The supreme court case is there if you want to know all the details of how Wells Fargo and the state and federal judicial system raided a disabled man for a federally insured loan. By the way, in the documents you will be able to read the testimony of the bankers who admitted that the loan was not a federally insured loan after all but was merely a standard 7-a business loan. The bankers further admitted in court that they never saw the man’s name on any documents concerning a loan. Now tell me little bank teller about how highly educated and trained you are and tell me all about how Wells Fargo is such a great employer. By the way, Wells Fargo never paid the loan packager for this particular loan his commission. His position was done away with by Wells Fargo and he had to find other employment to support his wife and children. After Wells Fargo in the courts secured the matter, the man's position was reinstated and another holds this man's position. Fortunately for him, he does now have a position with another bank. And guess what? HE'S THE BANK VICE PRESIDENT IN HIS NEW JOB. From a lowly loan packager to vice president of an influential Midwest bank. Hey, only in America huh? Maybe that poor sucker Wells Fargo nailed for the loan he never had with them can go to this bank VP and do business. What do you think?

The almighty dollar that these execs are chasing does not belong to them. It is the lifeblood of the world. Our economy here in the United States is the barometer with which the other nations of the world measure their own nation's worth. The US dollar is that measuring tool. If the world found out that the United States people are being constantly and continually ransacked we would look like Russia in 1858.

Does the upper management of Wells Fargo think they will not have the same outcome as the Czar, Stalin, or Mussolini or Hitler? It is obvious that the ceo's of Wells Fargo would piss on the graves of the men and women who fought for this country and are buried at Arlington National Cemetery and around the country in unknown and unmentioned grave yards. Who the hell do these men think they are?

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