Jul
14
2009
Banks Gone Wild!
Fox New Business is reporting that Wells Fargo is suing itself.
In a condo foreclosure case in Florida, Wells Fargo holds the first mortgage and is suing all other lien holder, one of which is itself, the holder of the second mortgage.
Demonstrating that there is no such thing as “Too big to FAIL“, Wells Fargo hired Tampa lawfirm Florida Default Group of Tampa Florida to file suit against itself. WF then hired Kass, Shuler, Soloman, Spector, Foyle & Singer to defend itself from itself.
At this point, no matter the outcome, it seems as if the lawywers are the only winners in this case.
