Wells Fargo 1Q Net Up 48%; Revenue Declines

[CARLHAYDEN]

APRIL 20, 2011

Wells Fargo 1Q Net Up 48%; Revenue Declines

NEW YORK (Dow Jones)--

The nation's fourth-largest bank by assets reported a 48% rise in profits from a year earlier, to $3.8 billion, mainly because it had to set aside less money to cover losses from delinquent loans.
 
http://online.wsj.com/article/BT-CO-20110420-712826.html

[Swing low, sweet chariot. Comin' for to carry me home.]

declining revenue = effects from Dodd-Frank

[memphis]

declining revenue= people can't make loan payments because all income/wealth going to too few hands.