Illinois Suspends “Billions Of Dollars” Of Investment Activity With Wells Fargo

Jon Alternative Media, Banking, Blogosphere

Just when you thought you could relax into the weekend knowing that the US (and world) banking system was ‘fixed’ again thanks to a rumor from French press, Wells Fargo take another hit. Following California’s decision to sever all banking ties with the bank, Illinois State Treasurer Michael Frerichs has confirmed his state’s plans to suspend billions of dollars of investment activity with Wells Fargo.

This post was published at Zero Hedge on Sep 30, 2016.