Wells Fargo

Warren Buffett Calls Bitcoin “For Charlatans” Yet His Beloved Wells Fargo Has Paid $14.8B In Fines Since 2000 For Fraud And Abuse

Corruption is a state of decay, pollution, or incorrectness. In the Bible, corruption is one of the effects of sin that resulted from the fall of man. In the beginning, God created a perfect paradise, free of sickness, pain, and death. But when Adam and Eve disobeyed God by eating the forbidden fruit, sin entered…

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The Six Megabanks have not skipped a beat when it comes to committing fraud, market manipulation, and other abuses against their clients, investors, and the financial markets themselves.

Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and…

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Failed Bank List-Federal officials expect turbulence in the banking industry to continue into next year

Dishonesty is reproved in Scripture. God does not accept a Business or Business person who “practices deceit” (Psalm 101:7), and Jeremiah 9:5 says of a wicked society, “Everyone deceives his neighbor, and no one speaks the truth; they have taught their tongue to speak lies; they weary themselves committing iniquity.” Speaking the truth, or honesty, is a…

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Wells Fargo CEO Tim Sloan steps down as bank struggles to get past scandals

The word mammon comes from the Greek word mammonas. Similar root words exist in Hebrew, Latin, Aramaic, Chaldean and Syriac. They all translate to “money, wealth, and material possessions.” In biblical culture the word mammon often carried a negative connotation. It was sometimes used to describe all lusts and excesses: gluttony, greed, and dishonest worldly gain. Ultimately, mammon described an idol of…

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A Long Journey Home Book Cover

A Long Journey Home

A book about a fourteen-year-old boy, the son of a Baptist pastor, thrown from his home at age 14. This boy, StevieRay, would later become a multimillionaire. Now he gives orphans a second chance at life.