Wells Fargo &Amp;Amp;Amp;Amp; Company; Rule 14a-8 No-Action Letter: Fill & Download for Free

In 2009, at the height of the U.S. subprime mortgage meltdown, Wells Fargo, being a big mortgage lender, foreclosed on a lot of properties. One such property had a pesky subordinate lien attached to its title, which clutters up the process of reselling the property since a potential buyer would be wary of a prior lien holder coming after them for settlement. Wells Fargo decided the best course of action would be to sue the existing subordinate lien holder to make them go away. The subordinate lien holder was… wait for it… Wells Fargo. [1] Wells Fargo, being the shrewd business operator it was, sued Wells Fargo. Wells Fargo knew their size and power meant that not even the likes of Wells Fargo would dare oppose them and hired Florida Default Law Group., P.L., of Tampa, Fla. to file suit. But they were wrong. Wells Fargo wasn’t about to take this action lying down and hired Tampa law firm Kass, Shuler, Solomon, Spector, Foyle & Singer P.A. to defend themselves. I never heard if it was Wells Fargo or Wells Fargo who eventually won the suit. All the lawyers definitely won.[1] Lewis: Wells Fargo so big its suing itself

Two new ones were in the news just today, from her botched questioning of the Wells Fargo CEO in hearings by the House Financial Services Committee.She accused his bank of caging children.He had nothing to do with how children are handled by DHS and HHS when they and their parents invade our borders and are caught. The facilities and infrastructure were put in place by President Obama, not President Trump, and certainly not by the bank CEO.Then she demanded to know why he and Wells Fargo Bank should not be held financially responsible for leaks caused by climate change at the Dakota Access Pipeline.He sensibly replied “Because we didn’t build it”.So let's focus on the Dakota Access Pipeline. Should Wells Fargo be held responsible for the damages incurred by climate change due to the financing of fossil fuels and these projects?"I don't know how you'd calculate that, Congresswoman," Sloan said."Say, from spills," she told Sloan, "or when we have to reinvest in infrastructure, building sea walls from the erosion of -- from the erosion of infrastructure, or cleanups, wildfires, et cetera?""Related to that pipeline?" Sloan asked. "I'm not aware that there's been any of what you described that has occurred."“How about the cleanups from the leaks of the Dakota Access Pipeline?"I'm not aware of the leaks associated with the Dakota Access Pipeline that you're describing," Sloan said."So hypothetically, if there was a leak from the Dakota Access Pipeline, why shouldn't Wells Fargo pay for the cleanup of it since it paid for the construction of the pipeline?" Ocasio-Cortez asked."Because we don't operate the pipeline," Sloan replied.By her logic, if a plumbing leak in your home caused damage, the mortgage company who gave you a loan to buy your house would be financially responsible to pay for the repairs. Really? How stupid.Her cluelessness about business and finance, and her agenda of misplaced rage and intimidation were on full display.AOC Tries to Grill Wells Fargo CEO on Immigration, Fossil Fuel Issues...Ends Up Embarrassing Herself

Um, yes. The social media platform is owned by a corporation called Twitter, Inc, founded in San Francisco in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams. It had its IPO in November 2013 and trades on the NYSE under the code TWTR.You didn’t think it was a government agency, did you? It’s a private company just like General Motors, Nabisco, Equifax, Disney, or Wells Fargo.