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Wells Fargo


SycamoreRuger

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Wells Fargo has been caught doing some unethical things lately, but hopefully they have gotten their act together in that regard.

When it comes to guns, it seems like they are sticking to theirs on the 2A issue. From Reason:

"The AFT - American Federation of Teachers is demanding that Wells Fargo drop its relationship with gun manufacturers (and with the NRA). To its credit, Wells Fargo isn't budging. As the response from the CEO said (alongside the usual, and understandable, we-hear-you-and-we-want-you-to-be-our-friends business-speak), 'As I have publicly stated, I do not believe that the American public wants banks to decide which legal products consumers can and cannot buy.'"

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  • 10 months later...

WF is headquartered in SF.

 

Silicon Valley is out of touch.

 

I'm not surprised they're acting this way.

 

Are you criticizing Wells Fargo for continuing to deal with gun manufacturers instead of bowing to pressure from left wing groups, like the American Federation of Teachers, for the bank to drop the manufacturers as clients?

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'As I have publicly stated, I do not believe that the American public wants banks to decide which legal products consumers can and cannot buy.'"

 

Amen! Just like I don't want my clothing company to decide what is legal and what is not. When businesses try to get into the "public policy" business, it is always to their detriment (and to the detriment of the country.)

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Are you criticizing Wells Fargo for continuing to deal with gun manufacturers instead of bowing to pressure from left wing groups, like the American Federation of Teachers, for the bank to drop the manufacturers as clients?

 

 

I'm criticizing them for their out of touch viewpoints. Or did you miss the earlier scandal?

 

https://www.theguardian.com/business/2019/jan/04/wells-fargo-fake-accounts-scandal-employees

 

So yeah, go on. Keep thinking they WON'T bow to pressure. They're a corrupt bank with corrupt viewpoints.

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