Tag: Wells Fargo
Political Pressure Forces Wells Fargo Executives to Give Back $60 Million...
Wells Fargo was first exposed three years ago by journalists and it has taken this long to finally see some repercussions.
Time to Treat Bank CEOs Like Adults
In corporate America, and especially at the big banks, no one is expected to act like adults, they understand it is about stuffing your pockets at everyone else's expense.
Time for Congress to Stop Hollering at CEOs and Take Action
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.
Wells Fargo Had a Bad Day. That’s a Start.
John Stumpf is undoubtedly decompressing somewhere right now, waiting in comfort for the heat to die down.
We Should All Start ‘Taking Responsibility’ for our Transgressions
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.
The Employees’ Side of the Wells Fargo Scandal
Banks like Wells Fargo use poverty-level wages and job insecurity to force employees to do unethical things they couldn’t otherwise get them to do.
Watch Elizabeth Warren’s Epic Takedown of Wells Fargo CEO
Elizabeth Warren rebukes Wells Fargo CEO John Stumpf for the thousands of employees that opened false accounts in order to meet sales goals.
Wells Fargo Executive Responsible For Scandal Walks Away With $125 Million
Carrie Tolstedt, former head of Consumer Banking at Wells Fargo, will “retire” later this year $125 million richer.
Al Capone, Meet Wells Fargo
It’s possible that Wall Street’s arrogant executives will keep getting a free pass. But I wouldn’t be too sure of that if I were them.
Wells Fargo Caught in Scheme to Steal Millions from Customers
This scam supposedly began in 2011 and for the last five years, roughly 1.5 million deposit accounts and 65,000 credit-card accounts were created.
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The proposal would make revenue increases extraordinarily difficult while allowing tax cuts to pass more easily, shifting pressure onto widely used federal programs.
Scale raises the ceiling, but fiscal foundations determine whether autocracy or democracy prevails
The implication is stark: democracy is not only a constitutional or ideological arrangement; it is fundamentally a fiscal one.
State Department purge left US exposed as Iran war sent energy prices soaring
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The Paris Prelude: Why the US and China are moving toward a Cold Peace
Nuanced engagement is an improvement over chaotic confrontation.