I don't think so.
Wells Fargo Statement
Wells Fargo mortgage officers Vegas bound
by Broderick Perkins
© 2008 DeadlineNews.Com
Unauthorized use of this story is a copyright violation -- a federal crime
Deadline Newsroom - Wells Fargo & Co., a bank that received $25 billion from a U.S. Treasury bailout, canceled a four-day corporate event in Las Vegas as other financial firms cut similar perks amid criticism from lawmakers and media inquiries.
"We had scaled back the mortgage event, but in light of the current environment, we have now decided to cancel," the San Francisco-based company said Feb. 3 in a statement.
The lender also abandoned plans for similar future functions.
The move came after the Associated Press reported the bank booked 12 nights at upscale Wynn Las Vegas and Encore Las Vegas, two of that city's posh casino hotels, as part of a conference for top mortgage officials.
Wells Fargo Statement
Wells Fargo Quarterly Earnings
Wells Fargo Investor Relations
Headlines:
Wells Fargo defends, then cancels Vegas junket
Wells Fargo Cancels Mortgage Meeting in Las Vegas Amid Crisis
Wells Fargo cancels Las Vegas events
© 2008 DeadlineNews.Com
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Broderick Perkins, an award-winning consumer journalist, parlayed 30 years of old-school journalism into a digital real estate news service, the San Jose, CA-based DeadlineNews Group -- DeadlineNews.Com, a real estate news and consulting service and Web site and the Deadline Newsroom, DeadlineNews.Com's news back shop. Perkins is also a National Real Estate Examiner. All the news that really hits home from three locations -- that's location, location, location!
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