Tag: John Stumpf

Such recalcitrance only intensifies the public's outrage and cynicism toward out-of-control banksters.

Liberal and progressive lawmakers have been aggressive in encouraging federal law enforcement officials to determine the extent to which the bank’s top executives committed fraud.

What's at work here is the ethical rot that now consumes America's entire corporate system.

Senators Sanders and Warren called for Stumpf's resignation after Wells Fargo's fraudulent account scandal was revealed.

Wells Fargo's CEO was caught stealing from low-income bank customers, and then put the blame on low-level employees.

Stumpf’s actions were not merely “unethical” — they were criminal. And in the current system, he’ll not only get away with it, he'll profit more than handsomely.

Wells Fargo was first exposed three years ago by journalists and it has taken this long to finally see some repercussions.

Congress should give the Justice Department and regulatory agencies enough funding to do their jobs. While they’re at it, break up the biggest banks. And regulate drug prices directly.

John Stumpf is undoubtedly decompressing somewhere right now, waiting in comfort for the heat to die down.

Stumpf stood up and said he "takes responsibility" for what happened at Wells Fargo. And now he gets to go on running a banking operation that is little more than a criminal syndicate.