$WFC– the co wrote a letter to the FASB in which it strongly disagrees w/the accounting board’s plan for fair value accounting;

· WFC – the co wrote a letter to the FASB in which it strongly disagrees w/the accounting board’s plan for fair value accounting; “We strongly oppose the expansion of fair value as the primary balance-sheet measurement attribute for virtually all financial instruments,”; the FASB comment period ends in Sept – Bloomberg