To: NATIONAL EDITORS
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WASHINGTON, Sept. 15 /PRNewswire-USNewswire/ -- Faced with blogcalls for a consumer boycott of the bank, Wells Fargo has attemptedto prevent a public relations disaster by firing vice presidentCheronda Guyton following reports that she used a luxuriousbeachfront Malibu home owned by the bank for "eye-catching" privateparties.
The scandal is especially embarrassing given Wells Fargo'sacceptance of federal bailout money. By acting swiftly the bank istrying to present the fired executive's conduct as the isolatedaction of an individual and cut the story off quickly.
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