How can Wells Fargo turn a profit last quarter and get a stress test result saying it still needs to be capitalized?
Don't let anyone argue that it IS possible because of some mumbo jumbo accounting "complexities" that YOU don't understand. If they made a profit they don't need any US tax payer money, period... unless that profit goes directly to paying off its bailout obligations the the US tax payer.
Update: Wells Fargo is one of the top five banks that need a tax payer subsidy ($13.7 Billion). MORE