Tag: mortgage

Go Sue Yourself!

Perhaps based upon a well-known, anatomically difficult, consensual act, Wells Fargo has sued itself in a Florida foreclosure case reported by Business Insider earlier this month:

“Wells Fargo holds the first and second mortgages on a condominium….As holder of the first, Wells Fargo is suing all other lien holders, including the holder of the second, which is itself.”

Nice move, Wells Fargo. But I had that self-abusive idea first.

In 1989, while working for Montgomery Securities in San Francisco, I zapped a friend by hacking into our pre-internet business wire and generating this official-looking “news story.”

The hard-to-read original text in the sidebar is:


San Francisco, Ca, April 5/PRNewswire/ — In an unprecedented legal maneuver, Montgomery Continue reading “Go Sue Yourself!”

Bank of America’s Bad Marketing

Do they even come close to knowing what’s going on?

Today I mailed the letter below to Barbara Desoer, President of Bank of America Home Loans, in Charlotte, NC. According to Money magazine, she received $9.6 million in compensation in  2007, and was one of the 25 highest-paid women in America.

Dear Barbara:

I begin this letter with an intimate salutation, taking a cue from the letter I received from you today, addressed to me and my wife (Stephen and Ann).

I, a Bank of America retiree, was intrigued by the outside of the bright red envelope that contained your letter. “Welcome to Bank of America/Look inside for your new opportunities” it said. At first I thought it had something to do Continue reading “Bank of America’s Bad Marketing”