Wednesday, August 12, 2026

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 west front of the U.S. Capitol. The Protected Time Off Act, pending in Congress, would guarantee full-time workers two weeks of paid annual leave. Photo: Architect of the Capitol (public domain, via Wikimedia Commons)

US workers average 10 paid vacation days a year, and 33 million get none

Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.
The E. Barrett Prettyman United States Courthouse in Washington, home of the U.S. District Court for the District of Columbia, where Judge Amit Mehta issued the order. Photo: AgnosticPreachersKid (public domain, via Wikimedia Commons)

Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...

The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.