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SAN FRANCISCO - APRIL 16: A sign is displayed outside of a Wells Fargo bank April 16, 2008 in San Francisco, California. San Francisco-based Wells Fargo and Company, the fifth largest bank in the U.S., reported an eleven percent drop in first quarter earnings as they continue to struggle with loan losses as the housing market slumps. The company reported earnings of $2 billion, or 60 cents per share, down from $2.24 billion, or 66 cents per share one year ago. (Photo by Justin Sullivan/Getty Images)

SAN FRANCISCO - APRIL 16:  A sign is displayed outside of a Wells Fargo bank April 16, 2008 in San Francisco, California. San Francisco-based Wells Fargo and Company, the fifth largest bank in the U.S., reported an eleven percent drop in first quarter earnings as they continue to struggle with loan losses as the housing market slumps. The company reported earnings of $2 billion, or 60 cents per share, down from $2.24 billion, or 66 cents per share one year ago.  (Photo by Justin Sullivan/Getty Images)