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July 11, 2009

Wells Fargo Sues Wells Fargo, Wells Fargo Denies Allegations

Filed under: Economics,Readings — Fei @ 11:00 pm

Court RoomI don’t usually do this, but this is so hilarious…

However, it definitely shows how rigid the American law is. Seems ridiculous on the surface, but the ridiculousness is based on a sound system foundation 🙂 I’d rather have this than making exceptions….

“Due to state foreclosure laws, lenders are obligated to name and notify subordinate lien holders,” said Wells Fargo spokesman Kevin Waetke.

Here is the link: http://www.foxbusiness.com/story/markets/al-lewis-wells-fargo-bank-sues/

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