Comments on: “Seattle returns to Wells Fargo because no other bank wants city’s business”

By: cecil

cecil — Mon, 21 May 2018 15:57:37 +0000

Yeah, but the Wells Fargo people are laughing all the way to the bank, and it’s still their bank!

By: jim

jim — Fri, 18 May 2018 17:25:29 +0000

Well, there’s always stagecoaches and strongboxes…..

By: allan

allan — Thu, 17 May 2018 20:26:32 +0000

Maybe Seattle should just open its own bank? They can fund it with the Amazon tax revenues!

By: D

Thu, 17 May 2018 18:08:10 +0000

Wells Fargo just threw away some major leverage. They don’t know how to negotiate. Neither do the baboons on SCC, for that matter.
Except Kshama Sawant (the K is silent), the socialist activist who breaks laws regularly, is playing the long game by pushing at boundaries. She knows how to play the game; the rest of the Council are following her lead. Wells Fargo might think they won a battle, but Sawant is winning by changing narratives. A local talk show host confirmed this when he chatted with her at one of her rallies on Saturday.
She is winning on the $275 head tax for the same reason. It will probably be repealed, but that was just the obvious spear thrust. She is manipulating Seattle Mayor Jenny Durkan, the governor, the state legislature, and the “illuminati” of Seattle.

By: Eric

Eric — Thu, 17 May 2018 14:48:04 +0000

Per article the contract was renewed last week.

By: No Name Guy

No Name Guy — Thu, 17 May 2018 14:34:08 +0000

In reply to great unknown. One can hope. It would serve the City Council right.

By: great unknown

great unknown — Thu, 17 May 2018 13:51:49 +0000

Actually, the contract runs through 2018. I wonder if Wells Fargo will, in the end, refuse to renew.