10/06/2024
Saturday nigh crankypants: Although I fear I'm being redundant, I can't help but wonder why the city of Stockton is willing to pay Wells Fargo, a $1.7 trillion corporation, with a market capitalizations of $129 billion, and who pays their CEO $23 million a year, why the city council would vote to pay Wells Fargo $425,000.00 for the privilege of tearing down their building on El Dorado & Miner? Why not just do like the city & landlords always do in Stockton: let the building sit empty and abandoned for years until someone breaks in and set the place on fire. There are numerous examples of this scenario, most recently with the old YMCA building right up the street. Let Wells Fargo pay to tear their own building down. They can afford it way more than Stockton's tax payers.