Not "a bank" failing the public. ..."The bank" failing the public. After all, Wells Fargo, just like Chase, Citibank, Bank of America, etc. all accept federal debt bonds as backing for the "checkbook money" they create. The "debt bonds" are their "reserves."

The Federal Reserve is not Federal and it has no "reserves." It's a private bank that derives its perception of legitimacy from public delusion.

...And the fact that the red and yellow logo of "Wells Fargo" seems different from the blue and white logo of "Chase."

In reality, they're different heads on the same hydra.

Cut one off, and see if it doesn't grow right back. LOL