Yes am in rail franchise. We are a good business, most organised and well managed, with long standing clients with deep hot pockets. We could have been investment bankers if the bank was not so siloed.
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Almost everything you buy was at some point transported by rail and/or the materials to make it were.
WF owns more railroad cars than the next 5 largest put together. WF leases the railcars. It's a huge low margin business. Ed Crutchfield (CEO First Union) bought the business from a college buddy. It never took on the Wachovia name after merger but WF rebranded it.
just start poking around on prior threads, especially those with significant upvotes.
yeah, cause upvotes is what counts, not content. Stupid people upvoting stupid threads like this one.
@oea+1tEHdkij save the JFC for when it matters. Yeah of course WF finances railcars. But there’s nothing in the news about it… or is there? This thread is vapid — a subject line with nothing else.
JFC people..
https://www.wellsfargo.com/com/financing/equipment-financing/rail/
Rail? OP is a ghost from the 1800s.
Don’t worry about it, obviously drinking. Lot’s of that going on
I agree with what you’re saying… what the heck are you saying?
What’s Well’s Fargo Rail? If we were a railroad, the train would never leave the station.
Also to the first two responders, whoever you are or think you are and taking what you wrote at face value, just start poking around on prior threads, especially those with significant upvotes. No shortage of good candor. A reply in a thread seeking open-ended general feedback suggests some ignorance about how discussion forums even work. It’s like my grandpa trying to sell a trawler in a thread about fly tying. 🤷♂️
We have a railroad? wow, hopefully we didn't get affected by crowdstrike.............