Actually, I think Wells Fargo is in OK shape.
WF only took the government money because they were told, by the government, to take it.
RE: Wells Fargo being asked to take government money.
Is it legal for the government to force a bank to take bailout money even if they don’t want to ?
AIG funneled money to Goldmans and I don’t think Wells is in good shape either...I have a car loan with them...they were the third highest subprime lender...thus I am now with a credit union...even my local banks are in trouble. I won’t support the banks as they caused this mess and judging from the bonus issue do not understand their culpability.