Palm Beach Post-
Alan Meltzer has a fantasy about walking into a Wells Fargo branch and making a dramatic announcement.
“I’m here to collect,” he imagines himself saying. “Give me your cash registers.”
Meltzer isn’t a would-be bank robber. He’s a condominium president who has turned the tables on one of America’s megabanks.
“We bailed out Wells Fargo, then Wells Fargo bailed out on us,” he said.
“Us” in this case is the Forest Condominium Association in suburban West Palm Beach. The Forest condominiums, near the intersection of Haverhill and Gun Club roads, is a sterling example of the damage caused by the overheated housing market and the lending practices that precipitated its collapse.
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