Wells Fargo, now the nation's largest bank by number of branches, made $22 billion in loan commitments and $50 billion in mortgage originations last quarter.
"That's more than $70 billion or almost three times the amount of the U.S. Treasury's investment in Wells Fargo," according to CFO Howard Atkins. |
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At www.sfgate.com
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.