Wells Fargo VP adds insult to injury, snatching foreclosed Malibu party pad
may well be, inch for inch, the wealthiest neighborhood in the United States. Nestled alongside Malibu Lagoon Beach State Park, it's just under three quarters of a mile of densely packed beach homes, populated by some of America's most beloved boldfaced names. Robert Redford, Mel Gibson, Richard Gere, Barbra Streisand, Whoopi Goldberg, Bill Murray, Rob Reiner, Sting: all have beach homes here. With monthly rents in the $60,000 range, it's hardly the kind of place where you'd expect to find a bank vice president.
Even so, the The Los Angeles Times reports that Cheronda Guyton, Wells Fargo bank's senior VP for foreclosed properties, has spent much of the last summer using a foreclosed house in the neighborhood as her personal party pad.
