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Home » Store » News » Wells Fargo Lashes Out Against Cities’ ‘Public Nuisance’ Suits

Wells Fargo Lashes Out Against Cities’ ‘Public Nuisance’ Suits

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Predatory lending lawsuits brought by the Cities of Baltimore and Memphis falsely blamed Wells Fargo for tax revenue losses and increased spending on public safety that largely resulted from long-running socio-economic ills and urban decay, said a company executive. In testimony before the House Committee on Oversight and Government Reform last week, Michael Heid...
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