Wells Fargo & Co. is canceling a pricey Las Vegas casino junket for employees after a torrent of criticism that it was misusing $25 billion in taxpayer bailout money.
The company initially defended the trip after The Associated Press reported it had booked 12 nights at two of the city's most expensive hotels. But within hours, investigators and lawmakers on Capitol Hill had scorned the bank, and the company canceled.
The Culinary Union Local 226 lists the Winn Hotel as one that employs Union workers.
The Encore is not listed seperately, but the AP reports that it is a "sister hotel" to the Winn.
Also on the chopping block is a Feb 25th meeting of Wells Fargo's insurance division at the Mandalay Bay, another Union hotel.
So, Union workers: as you are getting laid off, remember that your clients are cancelling their business trips because the Democratic-controlled Congress is telling them not to patronize you anymore.
Do you feel you got your money's worth for your $200 million?
Now interestingly, the AP only quotes one congresswoman by name, and she is a Republican from West Virginia. I will keep my eyes peeled to see who else made waves ...