Tag: John Stumpf
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.
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.
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.
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