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: Loan Modification & Home Loan News

Wells CEO: Wachovia had cultural weaknesses

By Moe Bedard

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Source: The Charlotte Observer (Charlotte, N.C.) –In an interview with the Financial Crisis Inquiry Commission, Wells Fargo & Co. chief executive John Stumpf said Charlotte-based Wachovia Corp. had “weaknesses” in its culture that allowed it to make poor decisions. “Wachovia was a very fine company in many, many respects,” Stumpf told the commission in an [...]

Full post as published by Loan Modification & Home Loan News on February 16, 2011 (boomark / email).

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