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Wells Fargo vows 'decisive action' in alleged use of Malibu mansion by an executive
Wells Fargo & Co., seeking to distance itself from a company executive's alleged personal use of a $12-million beachfront Malibu home owned by the bank, said Friday that it would "take decisive action" against any employee "who may have violated Wells Fargo's policies."
By David Sarno, and Peter Hong and Lauren Beale
September 12, 2009