Tuesday, September 15, 2009

Wells Fargo fires lady who partied at beachfront mansion

Wells Fargo said, "a single team member was responsible for violating our company policies. As a result, employment of this individual has been terminated."

Yeh right.

Like this isn't being done elsewhere? Wells Fargo has been known for currying favors of their clients in their Private Wealth division about high end foreclosed properties, so don't think this is an isolated incident, or that there isn't more to this story than meets the eye.

Otherwise why would Wells Fargo now put a price on the home at $21.5 million, instead of $12 million it was valued at when it was transferred to Wells in May?

Did the high end real estate market just take a dramatic rise that we're not aware of?

Or maybe Wells doesn't want a quick sale of the home!

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