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  1. #1
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    You've worked hard and deserve the break.

    Bailed-out Wells Fargo plans Vegas casino junkets


    Associated Press - February 3, 2009 3:03 PM ET

    WASHINGTON (AP) - Bailed-out banking giant Wells Fargo is planning more than a week of corporate junkets at Las Vegas casinos.

    Wells Fargo, which received $25 billion in taxpayer money, has booked 12 nights at the Wynn and Encore hotels starting Friday. Some of that is for a company conference honoring the top mortgage lenders.

    The sales conference is a Wells Fargo tradition. Previous events have included horseback riding in Puerto Rico and a private Jimmy Buffet performance in the Bahamas.

    At the end of the month, the company's insurance division has scheduled a meeting at the Mandalay Bay Hotel in Las Vegas.

    Company spokeswoman Melissa Murray says recognizing employees remains part of the Wells Fargo culture. She says it's very important that employees know they're valued.

  2. #2
    Alleged Michigander ChumpDumper's Avatar
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    Seriously, at least book them someplace other than the most expensive hotels in Vegas.

  3. #3
    dangerous floater Winehole23's Avatar
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    Isn't Wells Fargo one of our designated bank receivers?

  4. #4
    GFY I. Hustle's Avatar
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    F you all. I am in the running for the next trip. Most other companies only send the top dogs on those trips but with Wells people like me actually have a shot at going to that stuff. 8 people from my building alone got to go to the Vegas trip. hey my money went into that bail out too so it's like I have a shot at getting some back. Don't hate!

  5. #5
    Alleged Michigander ChumpDumper's Avatar
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    I have the right to hate if I please. Just stay at New York, New York or something.

    I mean thanks for keeping the FDIC from completely taking over Wachovia, but don't let it go to your head.

  6. #6
    GFY I. Hustle's Avatar
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    I have the right to hate if I please. Just stay at New York, New York or something.

    I mean thanks for keeping the FDIC from completely taking over Wachovia, but don't let it go to your head.
    I am in SA. It was either us or Citi and Citi wanted more tax payer money AND they wanted to pick and choose the loans

  7. #7
    dangerous floater Winehole23's Avatar
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    I am in SA. It was either us or Citi and Citi wanted more tax payer money AND they wanted to pick and choose the loans
    So you guys showed your discretion by taking less bailout and more risk. Ole'!

  8. #8
    January Championship Banner? td4mvp21's Avatar
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    Wells Fargo.

  9. #9
    Alleged Michigander ChumpDumper's Avatar
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    I am in SA. It was either us or Citi and Citi wanted more tax payer money AND they wanted to pick and choose the loans
    Hopefully you don't get canned when they consolidate the branches.

  10. #10
    GFY I. Hustle's Avatar
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    Hopefully you don't get canned when they consolidate the branches.
    Nah Wachovia doesn't have what I do. I don't work for a branch. So I have two Wells jobs to fall back on if anything were to happen because Wachovia doesn't do those jobs.
    However yes Texas, Arizona, and Nevada will be affected because they are overlapping markets. More than anything it will be branches though.
    Last edited by I. Hustle; 02-03-2009 at 04:48 PM.

  11. #11
    Alleged Michigander ChumpDumper's Avatar
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    Good news then.

    Still, the ing Wynn?

  12. #12
    dangerous floater Winehole23's Avatar
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    Morgan and Goldman are the bank holding companies. My bad.
    Last edited by Winehole23; 02-03-2009 at 04:55 PM.

  13. #13
    GFY I. Hustle's Avatar
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    So you guys showed your discretion by taking less bailout and more risk. Ole'!
    Pretty much. The thing is those people would have been screwed because Citi didn't want to assume the risk. A true acquisition means having to take the good with the bad not just picking and choosing. If not for Wells then more tax payer money would have been used by someone else and a whole lot more people would have been screwed.

  14. #14
    GFY I. Hustle's Avatar
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    Good news then.

    Still, the ing Wynn?
    Yeah if anything my job is more secure as well as the wifey's. Wachovia didn't do anything but bring me more work. Along with some acquisitions in Colorado there is tons of work coming in. If anything we could use more people. Before you apply though we are only hiring Wachovia peeps

  15. #15
    Alleged Michigander ChumpDumper's Avatar
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    That's ok. I have it pretty sweet here in my mom's basement.

  16. #16
    right about pizzagate Blake's Avatar
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    Company spokeswoman Melissa Murray says recognizing employees remains part of the Wells Fargo culture. She says it's very important that employees know they're valued.
    so a nice plaque and a gift certificate to Chili's says "you suck"?

  17. #17
    right about pizzagate Blake's Avatar
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    From the bottom of my heart, I mean it when I say F you, Wells Fargo.

  18. #18
    GFY I. Hustle's Avatar
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    so a nice plaque and a gift certificate to Chili's says "you suck"?
    So far since I have been here I have had a shot at a Hawaii trip twice, a trip to Disney and a trip to Vegas. I say I have a shot because people that work with me have gotten it and they are either below or equal to me. I am crossing my fingers for one of the two trips this year.
    we don't get bonuses but I have gotten a few thousand in cash and prizes lol.

  19. #19
    GFY I. Hustle's Avatar
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    From the bottom of my heart, I mean it when I say F you, Wells Fargo.
    You must work for i.

  20. #20
    GFY I. Hustle's Avatar
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    That's ok. I have it pretty sweet here in my mom's basement.
    Need a loan? I know this really reliable bank.

  21. #21
    right about pizzagate Blake's Avatar
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    You must work for i.
    that's a big jump but no.

    Maybe you see it different, but to me it's like giving someone lots of money to get on their feet and they take the money and go to Vegas.

  22. #22
    Alleged Michigander ChumpDumper's Avatar
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    Need a loan? I know this really reliable bank.
    I won't deal with one that wastes that much money.

    How reliable can it be if it needed a $25 billion bailout?

  23. #23
    dangerous floater Winehole23's Avatar
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    Maybe you see it different, but to me it's like giving someone lots of money to get on their feet and they take the money and go to Vegas.
    Maybe they're just thanking them for a job well done. Besides, there are life lessons to be learned at casinos and strip bars.

  24. #24
    GFY I. Hustle's Avatar
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    that's a big jump but no.

    Maybe you see it different, but to me it's like giving someone lots of money to get on their feet and they take the money and go to Vegas.


    "Wells Fargo to pay $371.5 million dividend to U.S. Treasury"

  25. #25
    Get Refuel! FromWayDowntown's Avatar
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    I wish my firm would get a bailout so that I might finally have a chance to win a governmentally-subsidized, luxurious trip to some resort. I think I deserve it, even if the nation's economy is in shambles because firms like mine didn't act responsibly. I mean, what's the real harm in a bit more irresponsibility if it makes people feel valued?

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