BEWARE OF WF BANK
As you’ve requested, the Weiss Watchdog is monitoring the rating of a company for you, and we’re writing to let you know that the rating of that company has just changed. Here it is… WELLS FARGO BANK NA Was Downgraded to D+ from C- This is our FINANCIAL STRENGTH rating, designed to measure the financial safety of the company itself. So please do not confuse it with INVESTMENT rating which would evaluate the risk and reward of investing in a company’s stock or in a particular mutual fund. The new rating is D+.
(If you have a CD, be sure to include interest. And if you have a checking account, be sure to include the amounts for checks outstanding that have not yet cleared.)
The Weiss Watchdog Team
Source: http://nesaranews.blogspot.com/2014/09/beware-of-wf-bank.html
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