Do you know who this is? Well, let me tell you if you don't; it's John G. Stump the Chief Executive Officer of Wells Fargo Bank. Yes, one of the perpetrators of the financial mortgage mess that we're in.
He needs to be strung up! Don't think I'm being crazy, these people need to have criminal charges brought against
Also, Wells Fargo has a pernicious means of squeezing every fucking drop of extra spare cash that you might have when you choose to have a checking account with them, and are living paycheck to paycheck -- as far too many fucking people have been doing for at least the last 18 months, if not longer. Wells Fargo has this damning policy called Continuous Overdraft Charge, which is a $5.00 charge for every other day that your account remains in the negative.
How did your account go negative? If you're really fiscally responsible you can STILL BE FUCKED IN THE MOUTH AND ASS AT THE SAME TIME because the bank decides when to deduct money from your account, such that they can send you into a deeper overdraft if you have a check for $15.00 (say for your gas bill) and a debit card purchase for $178.87 for groceries one business day later. At this time you only have 193.85, now instead of rejecting the debit card purchase while you're in line (yeah, that's too bad and perhaps embarrassing)... Wells Fargo EXTENDS YOU UNASKED FOR CREDIT for the two cents that you are short, and charges your $35 for it!!!
What they're essentially doing is charging your interest on a loan that they are giving you, if you happen to go into the Red, because you might have been two or three cents short of a debit card transaction. And they're charging you an outrageously high rate.
If you think this is bullshit, go ahead and tell John Stumpf. He can be reached at john.g.stumpf@wellsfargo.com or at the 420 Broadway Office is San Francisco.
Also, contact your congressman and senator, because all this rape-by-bank has to stop, and stop now! It's not just credit cards that need to be squeezed!
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