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Rumor Mill News Reading Room Archive

Wells Fargo Bank: No Longer w/FDIC...?

Posted By: GUEST
Date: Sunday, 23-Sep-2001 15:11:38

In Response To: DOVE: In the TWINKLING of an Eye, Our Happiness... (GUEST)

Found posted to a Yahoo! group:

From: "Les Hollingshead"
Date: Sun Sep 23, 2001 1:47 am
Subject: Wells Fargo Bank: No Longer W/FDIC

Dear Group,

My mother was contacted today by my Grandmother. She indicated she received
something rather unusual today, a packet from her bank (Wells Fargo),
indicating that the FDIC would no longer be insuring the banks money of
deposits. Obviously it is preparing to become a Treasury Bank. Maybe Dove is
not as crazy as some of you think???

My Mother asked Grandma if the letter indicated whether or not the bank was
going to become a depository bank or a loan bank. My Grandmother was really
surprised and asked her how she knew that?

Hang in there everyone things are going to only get better from this point
on. It should be interesting what you all say when B of A bank changes over.

I can't wait to see what happens these next two weeks.

The Truth Shall make You Free

Les Hollingshead

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Articles In This Thread

DOVE: In the TWINKLING of an Eye, Our Happiness...
GUEST -- Sunday, 23-Sep-2001 09:49:53
Wells Fargo Bank: No Longer w/FDIC...?
GUEST -- Sunday, 23-Sep-2001 15:11:38
B of A owned by YAKUZA
tenavision -- Sunday, 23-Sep-2001 16:14:31

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AN EXPLANATION OF THE FACTIONS