"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Wells Fargo To Make $772 Million In Mortgage Adjustments Following Investigation
Submitted by Michael Kleen on Fri, 2010-10-08 03:00
Wells Fargo has reached a nearly $800 million settlement with Attorneys General in eight states where the company -- more precisely, Wachovia, which was acquired by Wells Fargo after it failed -- was under investigation for allegedly deceiving some borrowers into taking out loans they could never pay back.
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