Wells Fargo Bank had booked 12 nights, beginning Friday, at the Wynn Las Vegas and the Encore Las Vegas, to celebrate and motivate its employees. What are they going to celebrate at this point of time in the economy, that too when they just received bailout money from taxpayers?

After the outrage from lawmakers and media, Wells Fargo canceled its plans. Kevin Waetke, spokesman for Wells Fargo, said the Las Vegas trip provided a unique opportunity for employees of Wells Fargo and newly acquired bank Wachovia Corp. “to focus on continuing to do all we can for U.S. homeowners.”

Ok. Don’t you guys have already done enough to U.S. homeowners???

Source: Wells Fargo defends the trip, then cancels Vegas Junket