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Wells Fargo's CEO Meets The Matrix, Monkeys in Suits, Sexy Women, South Park, Adolf Hitler and MORE!

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Uploaded by on Feb 20, 2009

For more information, visit http://www.wellsfargoinjustice.com

ALL CHARACTERS AND EVENTS IN THIS VIDEO -- EVEN THOSE BASED ON REAL PEOPLE -- ARE ENTIRELY FACTUAL. ALL CELEBRITY VOICES ARE IMPERSONATED.....POORLY.

THE FOLLOWING PROGRAM CONTAINS COARSE LANGUAGE AND DUE TO ITS CONTENT IT SHOULD NOT BE VIEWED BY ANYONE.

Complete text from Wells Fargo's full-page advertisement in major markets throughout the United States - February 2009:

THE VALUE OF TEAM MEMBER RECOGNITION

Okay, time out. Something doesn't feel right.

Everyone agrees that in this economic environment, all employers should re-examine how much they spend on recognition events for their employees. Especially publicly-traded companies owned by their shareholders. Especially institutions that received investments from U.S. taxpayers through the U.S. Treasury's Capital Purchase Program.

The problem is many media stories on this subject have been deliberately misleading. These one-sided stories lead you to believe every employee recognition event is a junket, a boondoggle, a waste, or that it's for highly-paid executives. Nonsense! Because of the misperceptions these stories have created, Wells Fargo has decided to cancel all its major annual recognition events for its team members for the rest of this year.

So who gets hurt when this happens? The Wells Fargo team members across America who are most deserving of recognition and our gratitude. Tellers. Personal bankers. Phone bankers. Financial advisors. Mortgage salespeople and processors. Operations clerks. Technology specialists. Credit analysts. All of those who make it possible for our customers to save, invest, own homes, and build businesses that create jobs -- team members who enabled us to make more than a half trillion dollars in new loan commitments and mortgage originations in the last yearn and a half. These team members work long hours to support their families and to make sure we give our customers the very best service we can possibly give.

Annually, for the past 20 years, we've recognized our top team members from various businesses at several special four-day events, like the one we had planned for our terrific mortgage team who helped us originate $230 billion in mortgages in the last year. For many, it's the only time in their lives that they're publicly recognized and thanked for a job well done. This recognition energizes them. It inspires them and their team members to want to create an even better experience for our customers. Another annual event -- which our top performers in community banking had looked forward to -- was to have been held in May. But not this year. Who loses besides our team members? the workers who depend on our businesses. The hospitality industry. Hotel housekeepers. Restaurant servers. The airlines

The funds to pay for recognition events such as these do not come from the government. They come from our profits. We believe our profits actually increase by rewarding and recognizing our best performers in sales and in service. Competition to be recognized inspires everyone to work harder and smarter. We're as frugal as any company in spending our shareholders' money thoughtfully and responsibly. Events such as this are the heart of our culture because our product is service, delivered by caring, energized, talented, loyal team members who earn competitive, fair wages and benefits.

We just hope the hardworking people of America understand, appreciate and support employers who try to do the right thing for their team members, customers, communities, and shareholders.

Since we aren't thanking our award winners in person this year, we'll have to do it this way. Thank you, all of our 281,000 team members.

You are the best!

John Stumpf
President and Chief Executive Officer

  • likes, 4 dislikes

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Uploader Comments (wellsfargoinjustice)

  • This would be funny, if it weren't completely off-base. But then again, what else should one expect? Wells Fargo is completely responsible for people who put themselves into homes they can't afford and live above their means. The people who make poor financial decisions have nothing to do with any of this, right. Very creative, though...

  • Wells Fargo is all about personal responsibility. Witness Chairman Dick Kovacevich's comment, "This problem was caused by a total disregard by financial institutions' management of basic risk management of fundamentals, even common sense, coupled with a serious lapse in ethical behavior. It was fueled by greed, unchecked by regulatory authorities and reached an unprecedented scale due to the breakdown in previously reliable third party safety valves, namely rating agencies".

Top Comments

  • Foreclosure is the name of the mortgage game.

  • Hey Man, thanks for posting! This is my fav!!!!!

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All Comments (8)

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  • I met that guy one time in the vid, the white haired cheater when he toured our working call center. Inspired me to write the video I made, check it out to see how they guide profit inflation in secret ways!! the cheating is deeper than you could ever guess having worked there, it would still shock you. watch my vid for detailed WF cheating!

  • Uh, you were fired because you suck.

    But, in your abundance of spare time you actually do make a fine youtube video. No, really. And, er, nobody can take that from you.

    Keep 'em comin'.

  • Its True

    Its also true that I have a movie in the making

    That will be my recognition and gratitude for underwriting and auditing

  • Another case of mortage fraud: View the You Tube video at watch?v=wfYqiynknzA&feature=ch­annel to get introduced. There are 10 videos that make up the whole. This man tells the story of documented mortgage fraud involving Wells Fargo. When will it end?

  • Cool Man!

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