Report: Wells Fargo banker partied at surrendered Malibu home

Report: Wells Fargo banker partied at surrendered Malibu home

www.bizjournals.com

A Wells Fargo & Co. executive moved into a $12 million Malibu beach house shortly after it was handed back to the bank, the Associated Press reported.

Citing accounts by neighbors in exclusive Malibu Colony, AP said Cheronda Guyton — a Los Angeles-based Wells executive responsible for foreclosed commercial properties — used the house for parties and weekends frequently this summer. The home’s previous owners handed the property back to the bank in the spring after losing much of their wealth to fraudster Bernie Madoff.

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Absolutely disgusting. Wasn't Wells Fargo a recipient of part of the bailout? Now they are just using the homes people lost as a result of THEIR ineptitude, as party palaces?

Thread in Global Meltdown comparing this to the French Revolution is not far off the mark, really. People may not be starving, but the US sure does have a completely out of touch aristocracy!

www.bizjournals.com
(visit the link for the full news article)

[edit on 11-9-2009 by D.E.M.]

I probably will break policy by not adding enough words to this post, but, what more can you say, Utterly complete OutRAGE!

Of course, I am not surprised at their behavior.

This is just one case that made it to the media, the ones you don't know about are much more disgusting and outrages... please get used to it... or riot, or whatever....

karma will do its work.....

reply to post by D.E.M.


Starving Americans

some may say not others feel it.

wake up

Thread in Global Meltdown comparing this to the French Revolution is not far off the mark, really. People may not be starving, but the US sure does have a completely out of touch aristocracy!

People may not be starving Do not kid yourself the starvation has been in the corporate cartels plans since the 80's see www.publiceyeonscience.ch...

If the World Trade Organization's Anti private farming bills pass - food will be completely controlled by the corporate cartel. If you own a chicken or have a garden, do home canning bring cookies to the church fish fry (Inspector Nabs Homemade Desserts At St. Cecilia Church's Lenten Fish Fry) You will have to do massive paperwork or suffer fines up to $1,000,000/days and ten years in jail. An English farmer stated the paperwork from the new regs take up 60% of his time. All of his neighbors have given up.

The US emergency food supply laws were legislated out of existence in 1996 by Cargill. The last of the stores have been used up. In top of that we have the Bio-fuel legislation that has caused food riots. We are now one bad harvest away from starvation.

“In summary, we have record low grain inventories globally as we move into a new crop year. We have demand growing strongly. Which means that going forward even small crop failures are going to drive grain prices to record levels. As an investor, we continue to find these long term trends...very attractive.” Food shortfalls predicted:

The plans are to patent all plants and animals check out The Global Diversity Treaty The take over of the world food supply is backed by the WTO, the UN and the US government with plans to imposed WTO written regs. So far 75% of the farmers in Mexico, 60% of the farmers in Portugal have been removed. The EU bluntly stated plans to remove a million Polish farmers from the land using WTO regs. Now it is the US farmers turn to be cleared off their valuable farmland. Why else do you think they collapsed housing prices?