Being Bearish on Wells Fargo Pays

I have written here various times about my bearish take on Wells Fargo — see here and here — so today’s WFC wreckage isn’t exactly a surprise. Nevertheless, a crushingly bad day –- including a head-butt from CIBC analyst Meredith Whitney near the close — for what had been the strongest banking stock.

wfc

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  1. Talk Me Down From the Wells Fargo Ledge
  2. Wells Fargo Only Bank to Squawk at Treasury Investment
  3. Wells Fargo: CEO Stumpf on Subprime
  4. Talk Me Down From the Wells Fargo Ledge, Part II
  5. Data Factoid: Securities Industry Employment