Good Friday $3 Billion Dollar Profit Wells Fargo

Happy Friday. It is a wonderful feeling to know that Wells Fargo has made $3 billion dollars of profit in 3 months. Wow!! We can all rejoice right? Didn't Wells Fargo get some kind of government assistance? So.......if they borrowed more than $3 billion how did they make $3 billion? Don't get it twisted, the banks are winning but are they lending any of our tax payer money that they borrowed? No! They are keeping the tax payer money as a life raft. The Wells Fargo CEO said clearly that they made a profit. When asked about the plan to pay back the money to the tax payer, he first said he did not want to comment but then immediately turned around and said they plan on paying it back. When? We will never know. Is this transparent? I do not think so. So if they are making $3 billion then we better see higher dividend paid to the stock holders. The stock is relatively cheap right now. If we put in $10,000 will they guarantee that our money will be worth more in three months? No they will not. Keep it in perspective, if Wells Fargo made $3 billion over the last three months then they should give the tax payer's a check and share the wealth. They are still foreclosing on homes, they are still reluctant to lend if your credit score is not over 700, or demanding huge down payments if your score is below 700. I hope my Friday is as "Good" as Wells Fargo's. When this market fully recovers we all will be a little more trusting. As for now.......?