The Fed & FASB manipulation
Wells Fargo Projects Record $3 Billion Quarterly Profit
Wells Fargo says it expects to report record earnings for the first quarter, easily surpassing analysts' estimates.
Wells Fargo bank
Paul Sakuma / AP
The San Francisco-based bank, which has received billions of dollars in government funds, says it expects to earn $3 billion, or 55 cents per share, for the quarter ended March 31. Analysts polled by Thomson Reuters, on average, forecast earnings of 23 cents per share.
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