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Report: #414249

Complaint Review: John Stumpf, Wells Fargo Executive Officer, - PREYING ON STRUGGLING SMALL BUSINESS OWNERS - San Francisco California

  • Submitted:
  • Updated:
  • Reported By: Long Beach California
  • Author Confirmed What's this?
  • Why?
  • John Stumpf, Wells Fargo Executive Officer, - PREYING ON STRUGGLING SMALL BUSINESS OWNERS 420 Montgomery Street, San Francisco, California U.S.A.
  • Phone: 866-249-3302
  • Web:
  • Category: Banks

John Stumpf, Wells Fargo Executive Officer, - PREYING ON STRUGGLING SMALL BUSINESS OWNERS John Stumpf, Wells Fargo Executive Officer, - PREYING ON STRUGGLING SMALL BUSINESS OWNERS San Francisco California

*Consumer Comment: We heard your ridiculous irresponsiblility rant the first time.

*Consumer Comment: Way off base....

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John Stumpf, Wells Fargo Executive Officer, - PREYING ON STRUGGLING SMALL BUSINESS OWNERS

WE THE PEOPLE, OF THE UNITED STATES OF AMERICA, ................

Remember back in 1990 when NSF Fees were only $7 each, and it only applied to bouncing paper checks? Times have really changed now, because corporate America is now all about GREED and MONEY!

We all know we are not perfect, we make mistakes, we have problems balancing our check books, tend to overlook things fron time to time, we are going through hard times, we are small business owners, we are struggling at times, we are barely making payroll, and a majority of your banking customers are low income citizens of this country.

BUT THAT DOES NOT GIVE YOU A RIGHT TO TAKE ADVANTAGE OF YOUR BANKING CUSTOMERS AND HIT THEM WITH HUNDREDS OF DOLLARS OF EXCESSIVE FEES, EVEN THOUSANDS OF DOLLARS OF FEES EACH YEAR FOR YOUR FINANCIAL GAIN! YOU ARE PREYING ON THE LOW INCOME CUSTOMERS, AND YOUR SMALL BUSINESSES STRUGGLING TO MAKE PAYROLL. WHEN TIMES ARE HARD, YOU WIPE THESE TYPES OF PEOPLE OUT, AND PUT THEM OUT OF BUSINESS FOR GOOD!

YOU PREY AND TAKE ADVANTAGE OF THE WEAK AND POOR SO YOUR BANK CAN EARN $65 BILLION DOLLARS IN PROFIT PER YEAR! THAT IS PROFIT.

I BET 50% OF THAT PROFIT IS FROM NSF FEES ALONE!

And you, John Stumpf, Executive Officer, Millionaire, of Wells fargo bank, are PREYING ON low income people, and PREYING ON struggling businesses, hoping and praying, writing mission statements, core values, designing new and creative ways to add new fees every way possible, changing and adding strict banking rules, and so on to show your customers how you really care, and how it is your goal to do what is right!

And these NSF fee and other fee rules are now so controversial that they only favor pocketing millions to your bank executives, like paying the highest transactions first, then the little transactions. Why is that? Who thought of that clever idea? Why is that so? I bet the person that conceived that idea was given the "banker of the century award" and a billion dollar bonus because you can now afford this!

I WILL DEDICATE MY LIFE TO MAKE SURE THAT IF ANYONE SEARCHES YOUR NAME (John Stumpf) OR WELLS FARGO NAME ON GOOGLE, THAT THE TOP 100 LISTINGS WILL SHOW NOTHING BUT NEGATIVE REPORTS AND ARTICLES ABOUT YOU AND HOW YOU TAKE ADVANTAGE OF STRUGGLING SMALL BUSINESSES AND LOW INCOME CITIZENS IN THIS COUNTRY FOR YOUR FINANCIAL GAIN. YOU PREY AND TAKE ADVANTAGE OF THE WEAK BECAUSE THE GOVERNMENT DOES NOT HAVE THE BALLS TO PUT AN END TO THIS EXCESSIVE AND UNTHICAL POLICIES BEST CALLED THEFT!

YOU DENY SMALL BUSINESSES ALL DAY LONG ANY TYPE OF BUSINESS LOAN BECAUSE YOU DON'T CARE ABOUT THE SMALL BUSINESS CUSTOMER AND THEIR SUCCESS! YOU THEN STEAL HUNDREDS OF DOLLARS FROM THE SMALL BUSINESS OWNERS BANK ACCOUNTS BECAUSE YOU DON'T CARE!

STOP WRITING STUPID LOVE LETTERS AND POSTING THEM ON YOUR WWW.WELLSFARGO.COM WEBSITE TELLING US HOW MUCH YOU LOVE US, AND HOW YOU CONSIDER US YOUR FAMILY, WHEN IN FACT YOUR WORDS INSULT US. BECAUSE YOUR WORDS ARE FAR FROM WHAT YOUR BANK ACTUALLY DOES TO YOUR CUSTOMERS!

SO MAN UP!

CHANGE YOUR POLICIES!

SURPRISE US!

PROVE TO US THAT WE CAN TRUST YOU!

LET ME GO TO SLEEP AT NIGHT KNOWING MY MONEY IS SAFE WITH YOU AND I WILL NOT WAKE UP IN THE MORNING WITH A SORE BUTT FEELING LIKE I JUST GOT RAPED (ROBBED) IN MY SLEEP WHEN MY PAYROLL IS DUE THE NEXT DAY AND MY EMPLOYEES ARE WONDERING WHERE THERE PAYROLL CHECK IS!

BE A MAN! SHOW ME YOU CARE, IF YOU DO NOT RESPOND PERSONALLY TO THIS, AND TELL ME HOW YOU WILL CHANGE, THEN....................

I WILL DEDICATE MY LIFE TO MAKE SURE THAT IF ANYONE SEARCHES YOUR NAME (John Stumpf) OR WELLS FARGO NAME ON THE GOOGLE SEARCH ENGINE, THAT THE TOP 100 LISTINGS WILL SHOW NOTHING BUT NEGATIVE REPORTS AND ARTICLES ABOUT YOU!

Victim of fraud
Long Beach, California
U.S.A.

Click here to read other Rip Off Reports on Wells Fargo Bank

This report was posted on Ripoff Report on 01/21/2009 12:36 AM and is a permanent record located here: https://www.ripoffreport.com/reports/john-stumpf-wells-fargo-executive-officer-preying-on-struggling-small-business-owners/san-francisco-california-94104/john-stumpf-wells-fargo-executive-officer-preying-on-struggling-small-business-owners-414249. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#2 Consumer Comment

We heard your ridiculous irresponsiblility rant the first time.

AUTHOR: John - (U.S.A.)

POSTED: Wednesday, January 21, 2009

http://www.ripoffreport.com/reports/0/414/ripoff0414236.htm

No need to prove twice what a moron you are. Can't handle your own accounting, hire and accountant. You are guilty by your very own admission.

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#1 Consumer Comment

Way off base....

AUTHOR: J G Shrugged - (U.S.A.)

POSTED: Wednesday, January 21, 2009

A few things....

I doubt 50% of their income comes from NSF. I reviewed BofA's, and at most it was about 30% of their income came from ALL banking charges, not just NSFs.

The pay highest first came as a result of consumer demand, because you wouldn't want them to bounce your mortgage/rent/car payment, would you?

And as for the fees preying on people...you can't get the fees unless you spend more than what you have in the bank.

And if you want the fees to be frozen at 1990 levels, then I demand that the President order an immediate order returning wages to 1990 levels and then frozen at the same level. You can't make more money and expect that costs will remain the same. Their employees have to be paid more (the government said everyone has to raise their minimum wages!), so where is that money going to come from?

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