Illinois Suspends “Billions Of Dollars” Of Investment Activity With Wells Fargo
by Tyler Durden
ZeroHedge.com
Sep 30, 2016
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.
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