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I think it’s clear with the new homosexual Beauty and the Beast that Disney is FAR from the company it’s founder intended, and will hopefully soon be on the list of company’s going under.
As for Wells Fargo, they’re such huge crooks I’m shocked anyone still banks with them.
A heads up on your privacy that this Wells Fargo issue reminded me.
I had a tennant in one of my commercial properties that went bankrupt. They had left behind years of records which included employee and customer information which included SSN’s and credit card information.
When I called the attorneys for the company, they told me to throw it all in the garbage. When I explained the sensitivity of the information that was left behind I was informed that when Solyndra went bankrupt a new precedence was legally set that did not require the proper disposal of senstive information. (Hopefully someone can tell me that these attorneys were full of s***!)
Luckily, the former manager of the office took all the records to properly destroy them even though he was no longer their employee.
I’m not an attorney, but I think these people were incorrect. The Gramm-Leach-Bliley Act is a Federal privacy law that applies to financial institutions such as banking, insurance and investing companies. This law requires financial institutions to have policies in place to ensure the confidentiality of all customer records. I don’t believe the bankruptcy superseded these privacy policies that, if anything, should have been enforced even more so in the company’s vulnerable state of affairs. I personally have to re-certify annually in these privacy rules and regulations and know how serious the Feds and States view these. The former manager did the right thing as did you.