A conversation with a Wells Fargo banker Part 1 of 3

[nuggz503]

I work for these assholes. Not a branch monkey. I do mortgages and home equity. So not sure what this crazy bitch is yapping about. Our job was to keep customers in their homes. I'm sure theirs a fair amt of screwing over cutomers...FYI We're a fucking bank, All Banks screw people over and each have their own special way of doing it. I'm sure WF screws people over but its all with confines of the law.

[AudioKarate8989]

I used to work at wells fargo and its true. they train you to be selling machines. even to screw over customers. managers just want sales. its wrong. so glad i dont work there anymore. things that go on are shady,

[IExposeMormonism]

My understanding is BofA bought Wells Fargo in c. 1988 when WF claimed it was going "BK". I was with BofA then and asked someone what they were doing, why do that?. I closed my account some months later. I pay my bills with cash and money orders, most of the time.

[mowithoutyou]

She speaks the truth. I hate selling people crap they dont need.

[cvcordio]

if u dont have a social on file u WONT get a chance for more products >>> the sales team wont even take those calls...its a job and it pays good and has good benefits, it seems i benefit my customers.... ur full of it .. u just are hatin.... thats all a lie!!!!!! its to get u out of debt.....i cant even get a credit card.......

[MrSmith1002]

Wells Fargo is a criminal bank. The higher ups of wells fargo deserve swift death.

[kshin882002]

@MrSmith1002 dont blame Wells Fargo blame capitalism and lack of federal regulation... if wells fargo didnt operate the way it it wouldnt be the top 5 largest banks.... some other bank eventually would and everyone would be pissed off at that bank...

[cubbear313]

I work for wachovia/wells....I know what she's going through.

[detroitgreeks]

10/21/2009.....Wells Fargo down graded to a SELL. It was stated that Wells Fargo may not be able survive its 3rd quarter woes in loan loss. What the heck does that mean? Are they going down?

[siktik79]

In LA county a 20 oz. Pepsi costs 1.688849 Trillion dollars. Only rocket scientists can afford to drink them.

[jokertim777]

Did anyone notice how this "banker" was one of the top sellers at WF? Her participation is justified (or is it?) by her having to sell or lose her job. She doesn't accept any blame for the debt she helped heap on people.

Now imagine what would of happened to WF if they had refused to participate in this market.

Would they even be in business now? Should the real blame fall on WF, or on the Federal Reserve and our fractional reserve banking system?

Look to the source of the problem.

[ne0nsurf]

In l.a. the mexican gangs and black gangs are warring with eachother. Well it's more of a slaughter than a war. the mexicans are winning.

[ne0nsurf]

i know i know, you think they're great for our economy here. lmfao.

[blokcom]

ne0nsurf,

Seems like you know a lot there. Yeah, it's pretty funny. Please keep explaining, I'm learning a lot from you.

[ne0nsurf]

lmao, ok blokcom, troll away. It's what you're good at. Hey you have a skill afterall. lofl

[blokcom]

ne0nsurf,

Yes! I am a troll and with skills! I am an "illegal" eating troll, especially now that I know who is at fault.

[ne0nsurf]

It cost Los Angeles County 1.5 BILLION DOLLARS A YR for illegals, the est for the entire state is 50 BILLION. Hello?? it does not take a rocket scientist to figure out where the cuts need to be made. The U.S also needs to rethink their Anchor baby rules. case closed

[ne0nsurf]

Taxes have become higher because of the huge bill the state of california has to pay for illegal aliens

[blokcom]

ne0nsurf,

1.5 billion dollars? oh my god. thanks for closing the case and bringing the real truth.

[ne0nsurf]

;) no problem. anytime I can help an obsequious and inane retard with a 2 inch penis, I will.

ha ha ha ha ha

[blokcom]

ne0nsurf,

cool

[blokcom]

hey ne0nsurf,

could you drop some more big words for me, from your dictionary? mine broke. i need to write a paper on kamau kambon

[bertly71]

Excellent and insightful.

[Irm6001]

good info

[thetimman00]

This is a version of the "wanna buy a watch" syndrom. Could this be incentive to mess up a little bit on a large munber of customers accounts to generate a call? This was the preface to bury us all.

[thetimman00]

I cannot put these in order on quicklist. How come?

[ezze902]

Upselling is part of the job. In most industries, call centers in general are relatively the same.

Its the persons responsibility to make the decesion to accept or reject. Ill keep listening... I hate banks... but peoples ignorance can be just as bad.

[kendjo]

Cont... when she told me that i told her how i intended to close the account soon and i wouldnt have to deal with those pesky maint fee's. She essentially ignored me and cashed the check as she intended on doing, she just felt the need to bring the negative balance to my attention. Its like hesitate to point out that in your eyes i dont fit in front of anyone listning. I dont get how some clerks do thsi some dont, many would just cash the check without deterring me. it seems unprofessinal.

[kendjo]

i went to boa recently (bank of america, ironic acronym comes out to being a snake) and my account was overdrawn by 7 dollars thanks to thier 8 dollar maitence fees. I was there to cash a check. I had one of thier ppl tell me in online chat that i could close the account then open an account online and i would never have a maintanence fee. well when i went to cash the check the clerk was like "idk if we can because your balance is negative seven". Its like whats this idk shit. You can or youcant

[tradergee1]

Nice job. Good to see inside the beast.

[BackBurnerNews]

Thanks dude!

[Braveslion]

Nah...

If you wanted to help people you should make videos on how high schools should be teaching a personal finance class.

If people understand better what credit cards do, what variable interest rates do, and what living out your means can cause.

Its not going to matter how hard someone tries to sell you something over the phone, simply hang up...

Personal responsibility must make a comeback.

[nuggz503]

@Braveslion You are so fucking right on man. I deal with these idiots everyday. 98% of those who take out loans do not read the loan docs. If they read the loan docs I'm sure over half if not more would pass.

[jahellaspartan]

@nuggz503

...which proves a bigger point that if banks were more responsible, they'd warn the prospective customer by pointing out and explaining these clauses or points on the loan documents in order to avoid any misunderstandings which may lead to possible financial mortgage risks (such as defaults, foreclosures, etc...) But of course, that's too honest and morally responsible to do ... it's better to let the customer find out the hard way. Besides, just put anyone in a new home!

[jahellaspartan]

@Braveslion Your proposal makes sense, but make no mistake about it .... back then banks just didn't hand out credit cards to just anybody (especially high risk people) as they do now a days! It's also important to keep in mind that since there's been more and more loose regulations with banks, the industry's true colors is to keep high risk people in perpetual debt so banks can profit and enslave! You point out for people to take responsibility ... BANKS need to do the same!

Be fair!

[jokertim777]

This "banker" seems to be very biased against Wells Fargo.

1. Using points of customer contact as opportunities to upsell products is SOP for almost all businesses (not just banks).

2. You can't put anyone "into debt" that doesn't want to borrow more money. It takes two to tango.

3. Loaning money to non-citizens is legal. What does that have to do with anything secret or sinister?

4. I'm appalled at her obvious enjoyment of snooping in other people's finances.

[Eraser7622]

Nice work!

I have a family member who is self employed and struggling right now, so much so that he decided to get a mortgage modification from Citibank under the new Federal program. After 40 minutes on the phone with a "counselor" for the bank, and evidencing in just how under water he is, the "counselor" informs him that he is not qualified for the modification. When questioned, he says b/c the mortgage has been paid on schedule every month! He then offers him a credit card! Wow.

[skyding8962]

Wells fargo is horrid. This lady doing this for her job giving illegals money is a culprit too for doing it to save her job.

I closed my bank account many years ago and the lady acted like I was committing a crime. I had a credit card I never used and they closed that a year ago out of the blue cause of inactivity. THey also have recruiters at the colleges.

[blokcom]

skyding8962,

So, did the illegals do it? You know, are they largely responsible for this world financial crash? I ask because I have heard another person say that the illegals did it? I'm not saying you are saying it, I'm just wondering? Also, how could this lady be a culprit when she works for the system of things? How could she know before things came crashing, that this would be detrimental in the long run, because "most" weren't looking at the warnings that were addressed by individuals?

[ne0nsurf]

they did in california, that's for sure

[blokcom]

ne0nsurf,

They did huh? Did what? Who? Can you please explain?

[ne0nsurf]

blokcom,

come on now. you're not suffering from cognitive stupidity here are you?

illegals are largely responsible for bankrupting my state and taking advantage of programs that were meant for poor caucasions that were here before them.

over a hundred hospital closures in socal alone. (my sister works in that field so I hear a lot from her).

multiple millions of welfare cases, and funds going to illegals. homes at a lower price for them over legal citizens. etc

[ne0nsurf]

not too mention the taking of our jobs in every industry(and i'm not talking about produce).

the ruined cities and towns that are now slum barios.

gangs, shitty culture, crime, it all adds up.

californians voted to end all of that but the courts in fagfrancisco through it out.

[blokcom]

ne0nsurf,

The taking of all our jobs huh? In every industry? Ok.

Ruined cities. Wow, the illegals did that? Thanks for telling me all this ne0nsurf! You sure are one smart cookie!!

[ne0nsurf]

Yes in nearly every industry. What ones are they not in other than science?

Yes, nearly every city in east l.a. is an armpit. Care to prove otherwise?

[ne0nsurf]

R&D, etc

[blokcom]

ne0nsurf,

Well, honestly, I am suffering from cognitive stupidity. I am in shock by all this you are telling me, especially now because I never knew it was all because of the "illegals". Goddamn them! We gotta get em! Are you a teacher or something, because you sure are smart.

[ne0nsurf]

lofl clearly you are a fucking retard,

You don't read very well do you. I said they are a large part of the problem in California and contributed greatly to it's being bankrupt. Buy some more neurons, loser/troll.

[centervilletn]

wells fargo and wachovia are teh same bank

[rayme4raw]

Great interview, I'm always amazed nowadays when I call my credit card companies (I'm closing these cards soon) that I would get a real person and not the automated system. They would always talk to me about another product which I would decline.

[AfterTheFox75]

I'm not at all surprised at any of this. Banks are like "legitimate" loan sharks.

[whiskerchild]

What a job- whew!

[insertthissideup]

Thanks !

[Michael7893]

I've suspected this for a long time. How can someone who isn't a legal citizen afford a vehicle and able to buy a home. I mean thats very telling. Not only that giving more credit to someone already leveraged to the hilt is tatamount to offering a drowning man water.

[limitedplay]

@ Michael,

what did you think. Illegals getting loans for hundreds of thousands of dollars?

Baks were doing this and other "high risk" loans for one reason. To start a "currency crisis", and get a big fat gov't bailout after big fat gov't bailouts. They have succeded. Now they have the property and our money and they still complain.

GREAT PLAN!!!!!

[phnixlady]

Absolutely true !

[Michael7893]

actually your thinking to small. if you notice the obama administration and those in the majority now are talking about globalist economies one thing one could surmise is the with the creation of the IMF is that they could be getting ready to begin a new global monetary unit. a single global standard monetary unit. of course that is speculation but what they may not see coming is this could set the stage for a gold standard by default. which would break the power of the banks.

[amritsharma]

Great insight!! Thanks.

* * * * *

5 stars!!

[drutter]

Cool interview, thanks.

[cuzimaluzer77]

don't forget to rank guys