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Posted

I think the prof is nuts!  If he listens to the board, then why would the board get rid of him?  All I've seen is improvements at the bank since he was handed this piece of crap.  They should give him a friggin' medal for saving it!  Cheers!

Posted

Even better are his complaints about Wells Fargo.  Apparently being a retail bank has not served them very well over the years.  That diversity thing worked out great for Lewis and Thompson. 

Posted

I can't make a lot of sense out of what the prof is saying.  Criticizing Wells Fargo for concentrating on their core business?  What?  They were hugely successful.  I'm assuming he would also criticize Buffett for concentrating his investments.

Posted

You know what they say:  Those that can, do, and those that can't, teach!

 

Cheers!

 

Yeah, even his screw ups regarding dividend foreshadowing and equity issuances have been satisfactorily explained by increased Fed sentiment re: EZ.

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