LG99 – I do remember that Mission faded away as the NOB acquisition of Wells progressed. And yes I do recall that you in were the minority that Mission treated with some degree of respect. And yes I do think you’re correct that he once was with Wells (I should have said “Wells chops”, not bank) due to his grasp on Wells in-house details. Have to admit he nailed a number of his predictions or statements when it came to Wells in those days. As for what NOB brought to the table in that ’98 merger was:
1) knowledge and discipline of how to conduct a merger (WFC’s merger of 1st Inter-State in ’96 should last as prime business school example of how not to do a merger)
2) the culture of cross-sell (increase wallet-share of your customer; the Great Eight)
3) love for the branch system again – customers to bank where and when they want. Not just walk them out to the ATM or shut down a brick & mortar to be replaced by an in-store.
And of course
4) #$%$ Kovacevich – could have listed that guy on the asset side of the new Wells balance sheet.
And I was from the Wells side then, parted ways in 2013.
If one places the triad of clowns that pepper this board with their nonsense on Ignore, the board reads pretty good. Even the spammers are more interesting than skywalker, edbanks & drliver.
LittleGiant99 – Ah, to invoke Mission88 – brings back memories of me being a neophyte chat board lurker. That was when the WFC board had under 500 posts. Would read at lunchtime at my desk and certainly would never post. And what has always remained with me was the manner in which Mission ran poster Conemara off the board. Conemara was one of the original Board users but used their posts for fawning over WFC regardless of subject. Conemara thought the board for “nice” exchanges and not for critical thinking or responses to posts that presented facts negative to Conemara’s cheerleading. Mission, who would never be confused with being humble, but was quite savvy in his banking “chops” would virtually grab Conemara by the back of his/her neck and rub their face in their own superficial posts. Again, if I remember correctly (it has been 15 years now) Conemara left the board with a whiny post about Mission’s rudeness and that Mission was a “big poopy-head” or some such childish barb. I believe in some of those Mission/Conemara beat downs the term “bootlicker’ came into being on this board.
And meaning of my above excursion down memory lane – I’m now a seasoned board lurker. Thanks LG99.
LBNLOTW - This may not be anything but I just read that line "I'm still trying to overcome my poverty mentality" in an article today - it was a "Dear Abby" kind of column to a financial columnist. Is Gator copying and pasting again?
From your fine post above, I take it that any Mexican worker is just faster than you.
Gator - your cut & paste the-sky-is-falling nonsense provided me some sophomoric humor but recently I see you responding to me or Gille or LOTW or other regulars with nasty name calling apparently frustrated with us pegging you so correctly. Now your not so humorous to read so it is Ignore for you.
Gator - still continuing with no original ideas, eh? Now reduced to copying my posting themes aimed at Mikey, Well, at least you can read and retain.
Gator - from your descriptors of Gillie in the above post I now believe you are the forgotten love child of democrap and Dimbro over on the US Bank board. And just to be clear – that is not a compliment.
Jack - given your finely crafted slippery slope, it sounds like banks are the place to seek employment.