“I don’t fault people for making a mistake; the question is how do they deal with it when it’s brought to their attention,” said Schickman.
“Somebody over there made the wrong call and somebody with more sense fixed it. So that’s fine. I’m glad they saw the light.”
Wells Fargo had originally argued its Holocaust connections were too tenuous for it to be involved in the settlement. The bank acquired First Interstate Corp. in 1996. First Interstate’s long-defunct corporate predecessor had obtained the Credit Union of Brussels in the 1950s, which held the deposits of Jews killed in the Holocaust.
— Joe Eskenazi