From Our Friends @ LivingLies Weblog: Wells Fargo “Lending” Securities It Didn’t Own


Wells Fargo “Lending” Securities It Didn’t Own Posted on March 28, 2018 by Neil Garfield https://livinglies.wordpress.com/2018/03/28/wells-fargo-lending-securities-it-didnt-own/ Translation: WFB was the “custodian” of alleged “mortgage-backed” certificates issued for the benefit of investors who paid billions of dollars for ownership of the certificates. WFB “Loaned” those alleged securities to brokers. The brokers in exchange provided “collateral” the […]