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Wells Fargo Reports 2.5 Billion Dollar Quarterly Loss
Justin Sullivan
OAKLAND, CA - JANUARY 28: A sign is displayed on the exterior of a Wells Fargo bank branchJanuary 28, 2009 in Oakland, California. San Francisco based Wells Fargo reported a quarterly loss of $2.55 billion, or 79 cents a share, compared to a profit of $1.36 billion, or 41 cents a share one year ago. The loss comes after Wells Fargo purchased Wachovia Bank late last year and is the first quarterly loss since 2001. (Photo by Justin Sullivan/Getty Images)