The FED will not allow Wells Fargo to grow for a set amount of time and must replace several board members.
WFC is screwed. This may effect the whole financial group.
My citi stock better be ok or someone is going to get a giant wedgie at the very least. It’s down big after hours, I would say short the damn thing. Maybe it’ll bounce a bit but considering the apparent market correction underway it may just go down like a CNN news anchor.
Definition of stupid: Knowing the truth, seeing evidence of the truth, but still believing the lie.