Wells Fargo's Preferred Offering: Bill Gross Take is Incorrect (at Seeking Alpha)

by: Tom Brown posted on: September 07, 2008 | about stocks: WFC Bill Gross says there was no institutional interest in Wells Fargo’s $1.75 billion preferred offering this week. Wells' CFO Howard Atkins says, oh yes there was—a ton. Jim Cramer mediates . My take: Atkins is right and Gross is wrong. I know Howard. He’s a straight shooter, and he has direct, detailed knowledge of the level of institutional... [read full story]