USA | Stetson123 - 12/10/2018 20:08
I'm just glad that I didn't have any stock in Wells Fargo or CHS, If i did I would probably feel as you do. Blame the lenders. CHS now owns 3.5 million of new grain storage in SW Michigan from the Boursen deal that last I knew was not being used this year.
I pretty well could figure out Stamp and Boerson deal and how it was going to end up without looking @ any financial info, from where I live.. Saw the same deal in this area with ILFF. I wouldn't have loaned Stamps, Boerson or ILFF a dime with the amount of hard assets they had vs liabilities. Don't need to look @ numbers on paper to figure what reality of some things are.
If the Stamps are convicted and locked up. Wells Fargo should be on the hook for the cost instead of the taxpayers to take care of them..
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Stamp Indictment
