The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 8 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Haun prosecuted Wells Fargo executives for stealing from deceased customers
“When I was a prosecutor, I prosecuted Wells Fargo's executives for taking dead people's accounts and draining them of money. They basically found out who hadn't used their account for, you know, many years, and then they would drain the money to their own pers…”
Levchin: Modern fintechs will replace traditional banks for direct deposits
“There's definitely going to be several probably winners that take the spot in your brain that belongs to Wells Fargo for your parents, the sort of a place where your money goes into a direct deposit account of some sort that takes care of your billing mostly a…”
Rampell: Wells Fargo will match mobile banking startup apps within a decade
“I'm sure that there's some mobile bank startup that's going to have a much more beautiful app than Wells Fargo's, but Wells Fargo within the next seven to 10 years will come up with something as good, and they've got that distribution.”
Rampell: Wells Fargo's legacy tech is held together with scotch tape
“It's been kind of tied together with, ah, with bubble gum and scotch tape and paper clips for about 3040 years as they've continued merging and buying other banks.”
Rampell: Fintech startups are unbundling banks category by category like Craigslist
“Along have come many, many startups, and what the startups have done is, one by one, they've picked off a particular category. They've taken this broad horizontal marketplace, kind of like Craigslist, and category by category, they've attacked these different …”
Pathak: Synapse CEO uses only customer fintech cards, no legacy banks
“At this point, I don't have an account with Bank of America, Chase, Wells Fargo, anyone. I literally only have my customers' cards in my pocket.”
Evans notes Apple provides payment endpoints rather than competing with banks
“On the one hand, they look like a great partner, because they've not gone and built their own payment platform, they're not trying to compete with Visa or Master They're not trying to compete with Chase or Wells Fargo or Lloyd's or, you know, any of the retail…”