Senator Elizabeth Warren to Wells Fargo CEO Timothy Sloan: "At best you were incompetent, at worst you were complicit and either way you should be fired." Watch the full hearing here: cs.pn/2ymOBnH
Titus Robertson lack in character? The fuck is that supposed to mean? This is what she does. She snipes fuckers like Sloan and created powerful anti-Wall Street policy. This is her specialty.
So what you ain't shit but a fucking no money having cry baby you ain't rich because your to fucking stupid stop hating people smarter than you cry baby
@Luke Eiffe wrong but what does it matter? Here is the problem with your logic...a professional can do their job in a competent manner and hold people accountable within their profession and not be a saint. A civil rights leader can inspire the country to change racist laws while also being an adulterer, a historian can research the holocaust and also be an alcoholic or drug addict, a governor can lead his state through a pandemic and save lives while his mistress sits next to him...human life is about the impact you make on the world, not if you are perfect. We know that for every blue pedo there is a red one...but...which color is historically going to be right. The one that supports corruption, greed, racism, nationalism, murder or the one that attempts to support the diversity of americans in our country. Go back to playing with your pepe.
isn't that the smart thing to do? if he resign rather than getting fired he'd gain much more, just like what Carrie tolstedt tried to do. So he still wins
i love her and her protege Katie Porter. Elizabeth Warren is who i thought Hilary Clinton presented herself to be. The debate stage is going to be fire
Pocahontas is a ditz 101 😂😂😂😂😂🎪🎪🎪🎪🎪Let this circus begin & I will enjoy watching the world premiere of the election in 2020 & teflon Don will again #KAG & we will be sure to drain the swamp 👍🏼💯💯💯💯💯💯💯💯🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
@S S LMAO Sound like you got a Socialism-bailout-free-banker-politician issue there. Isnt she in the current admin ( Biden ) ? Man I feel for America, it is on fast lane to the shithouse
White collar crime should be punishable just as any other type of crime. It does not matter if somebody is selling dope in a corner or some executive decides to bet on upside down mortgages with federal money. Both are crimes, instead white collar crimes are ignored and or not punished as severely. Specially when these criminals hire only the best lawyers.
White collar crime is a big deal, a very big deal. Lori Laughlin will be serving time (white collar crime.) The reason why we (as a society) do not take it as serious, is because white collar criminals are not generally "violent." They are dangerous, but not life-and-death dangerous the way a murderer, a drug dealer, or a DUI driver is. Fraud is a very big deal. Whether it is Enron, or Bernie Madoff, or Lori Laughlin, or this jamoke at Wells Fargo, its a big deal. Its big deal because when you commit fraud you erode the public trust in institutions who are supposed to act in the best interest of their customers. Do that (and don't get punished) and we cease living in the 1st world and we start to live in the 3rd world. No one wants to live in the 3rd world. No one wants to live with a corrupt government, with corrupt business practices. The law applies to all people equally. But in matters of white collar crime (because we don't hear as much about it) we don't fully understand what the law is that is being broken, what the crime is. So its hard for unsophisticated people to wrap their hands around it. Like in 2008, only one banker went to jail. That is because for all the trillions lost, no real "crimes" were committed because that level of Fraud, our government could never properly understand exactly what kind of legislation needed to be created to prevent it in the future. And they still don't.
it ABSOLUTELY should be. The only way to deter these roaches from preying on the poor and exploiting every loophole they come across, is to prosecute executives for mismanagement during their tenure. The SEC has shown itself unwilling/unable to provide oversight so Congress needs to do something to reign these guys in before they create another "Great Recession". For all of their condemnation, this is one area Democrats have completely dropped the ball. I'll never forgive Obama for not finding a way to hold those responsible for 2008 criminally liable. There's literally nothing so terrible that they can't get away with.
The smirks are the most irritating, complete disregard for the law. Imagine if this was just a regular ol joe and not a millionaire CEO, he’d leave in cuffs.
@@iloveamerica8541 I wonder why people like you choose to insult one of the few people on the Senate who cares about defending the interests and the rights of ignorant people like yourself.
RIGHT !!!!! Growing up I always heard jokes about how boring CSPAN is .... I’ve been tuning in to the channel a lot these past two years ... and I’m like ... this shit is actual reality tv !!! ... it’s not even a little boring It’s eye opening
Hosea 2 King James Version (KJV)2 Say ye unto your brethren, Ammi; and to your sisters, Ruhamah.2 Plead with your mother, plead: for she is not my wife, neither am I her husband: let her therefore put away her whoredoms out of her sight, and her adulteries from between her breasts;3 Lest I strip her naked, and set her as in the day that she was born, and make her as a wilderness, and set her like a dry land, and slay her with thirst.4 And I will not have mercy upon her children; for they be the children of whoredoms.5 For their mother hath played the harlot: she that conceived them hath done shamefully: for she said, I will go after my lovers, that give me my bread and my water, my wool and my flax, mine oil and my drink.6 Therefore, behold, I will hedge up thy way with thorns, and make a wall, that she shall not find her paths.7 And she shall follow after her lovers, but she shall not overtake them; and she shall seek them, but shall not find them: then shall she say, I will go and return to my first husband; for then was it better with me than now.8 For she did not know that I gave her corn, and wine, and oil, and multiplied her silver and gold, which they prepared for Baal.9 Therefore will I return, and take away my corn in the time thereof, and my wine in the season thereof, and will recover my wool and my flax given to cover her nakedness.10 And now will I discover her lewdness in the sight of her lovers, and none shall deliver her out of mine hand.11 I will also cause all her mirth to cease, her feast days, her new moons, and her sabbaths, and all her solemn feasts.12 And I will destroy her vines and her fig trees, whereof she hath said, These are my rewards that my lovers have given me: and I will make them a forest, and the beasts of the field shall eat them.13 And I will visit upon her the days of Baalim, wherein she burned incense to them, and she decked herself with her earrings and her jewels, and she went after her lovers, and forgat me, saith the Lord.14 Therefore, behold, I will allure her, and bring her into the wilderness, and speak comfortably unto her.15 And I will give her her vineyards from thence, and the valley of Achor for a door of hope: and she shall sing there, as in the days of her youth, and as in the day when she came up out of the land of Egypt.16 And it shall be at that day, saith the Lord, that thou shalt call me Ishi; and shalt call me no more Baali.17 For I will take away the names of Baalim out of her mouth, and they shall no more be remembered by their name.18 And in that day will I make a covenant for them with the beasts of the field and with the fowls of heaven, and with the creeping things of the ground: and I will break the bow and the sword and the battle out of the earth, and will make them to lie down safely.19 And I will betroth thee unto me for ever; yea, I will betroth thee unto me in righteousness, and in judgment, and in lovingkindness, and in mercies.20 I will even betroth thee unto me in faithfulness: and thou shalt know the Lord.21 And it shall come to pass in that day, I will hear, saith the Lord, I will hear the heavens, and they shall hear the earth;22 And the earth shall hear the corn, and the wine, and the oil; and they shall hear Jezreel.23 And I will sow her unto me in the earth; and I will have mercy upon her that had not obtained mercy; and I will say to them which were not my people, Thou art my people; and they shall say, Thou art my God.
This man can steal money and ruin lives for thousands and doesnt even get a slap on the wrist. But if I go sell some weed to a couple dozen people I need to be behind bars.
His a Ceo of a multi billion dollar company, and his also rich, your just broke and your apart of the rest of society, laws were made to control the poor, made by yours truly the rich
@@ajfarah8696 so by your statement, does in power have the right to do what they want as laws don't abide to them. And can get away with anything. And get rich of the poor. Incompetent much.
Yeah, the opioid family gets fined for the death of thousands of people and are responsible for opioid addiction, no time. Some dudes are in prison for life for selling some herb
Senator Warren did one of the most inquisitive questioning of a CEO that I have ever seen . She is very smart, witty and informed about what she talks about. It is obvious to me and hopefully any one watching that these big shot banking executives are nothing but "crooks" in the worst way
I love it...she knew he was going to lie and dodge questions so she came prepared with phone transcripts and his financial statements. He wasn't expecting that.
Troy Patterson phone transcripts? They were public earnings phone calls that anybody with a pulse can listen too at any time.. He wasn’t expecting that? You have 465 upvotes and you’re an idiot.
A couple of months before she announced she was running. There was a video similar to this. I believe it was w drug companies. She tore them up as she always does. The comments were packed w Comments saying like . I think we are looking at the next President and I would vote for her and others who had never seen her tear up these guys saying, I really didn't know much about her , she should be President. Remember this was months before she announced she was running. It was almost every comment making statements like that.
@@StephenKershaw1 Sloan resigned as you say, but I don't see any criminal charges. I do see a class action lawsuit against him and other Wells people dated 2018. Was he ever charged criminally?
@@amandahuginkiss4098 they know very well but they dont want to say cause they know it doesnt look good during the hearing. Everybody knows the amount of stock they have its literally the very reason they do all this. Stock = profit
Such a badass? She's the reason term limits need to be put in place. This women is advocating for the removal of student loans to people who shouldn't have taken out 6 figure loans for a degree in Lesbian Dance Theory. She took Trump's bait for having a DNA test to prove she wasn't Cherokee, and the results showed 1/2000 (that's .0005%) part Cherokee. She lied to say she was Native American so she could get a scholarship and have it pay for her education, while taking it away from an ACTUAL Native American who the scholarship was designed for. How can you ignore all of this and still think she's "badass"? I'm coming to the conclusion with a lot of people who support Democrats today that they are extremely angry, cynical, low-self esteem (yet somehow completely self-righteous)and hateful people who want anyone who disagrees with them to, quite literally, be killed or "removed" from being able to participate in any capacity in society. If you think that you're "normal", I've got news for you: you are absolutely suffering from a mental illness and need to get help, immediately. How can you not see that what you are showing your support for is a party who is incredibly dangerous (not to mention intellectually dishonest) and cares more about illegal aliens than its own citizens, especially its veterans?
@@mathius456 you have a problem with someone trying to help people out of crippling debt? Wow have you got some morals! What's the point of demeaning people for trying to get an education, and people who are in difficult economic situations? Does that make you feel big?? And nobody is putting "illegal aliens" over documented citizens or veterans. People like warren and her constituents are simply trying to treat undocumented immigrants like people and protect them from those such as yourself who feel the need to criminalize them.
the Peoples' Republic of China does it regularly, pretty cool if you ask me. they don't go far enough, IMO. if you're a CEO of an exploitative bank and not constantly fearing for your life, then democracy ain't doing its job right.
@@Brendan-g2b Even a shit hole has a good instinct once in awhile. People blew up their SUVs because they were getting scammed by the banks and could get the insurance money. Too funny! . Wish people could've done that here. A broken clock is right twice a day.
Honestly it’s sucks because both the clients and retail (front line) employees suffered from this scandal. These money hungry humans need to live like regular people to understand how severe this really is. It is sickening how he, and those involve do not take responsibility and thrown in jail. Glad he got Fired!
j k love Elizabeth warner? The woman is a fucking liar. Native American my ass and the crap she says about paying off student loans. I paid my way through college and she didn’t say 1 shit about paying me back. And the slave reparations! Wtf is that crap about? Lies lies lies. Oh yeah I can see why you would love this lying lump of crap. All talk and no understanding what the real people of this country want or need. Besides this thing is wasting time and our tax dollars talking crap
@@marcranhay29 Maybe someday you'll realize who actually wronged you, and get angry at them instead of a person that misrepresented themselves as a Native American, which ultimately I imagine didn't harm you. Unless of course you yourself are Native American and were offended by her claims. Either way, have some fucking perspective.
@@jveebklyn1644 Exactly! _Thank you._ It's political theatre (like Richard Wolfe says) to give the illusion of [punishing these banksters]* Empty showmanship. Real accomplishment would have been to push for criminal prosecution of these greedy lying sociopaths. * paraphrasing George Carlin's bit on the illusion of choice.
Exactly the big heads at the top need to start getting locked up and watch how fast ppl get their shit togther. You gotta make an example out of people.
Tim Levi you’re not very smart are you? They created accounts without consent from customers. That’s what the entire scandal is about. They created accounts without the customers knowledge, which is called fraud.
@@TicklishCrown This was under extreme and unrealistic quotas set by the WF executives. The low level employees were fighting to keep their jobs. It was insanity.
@The RightStuff dude. She's a U.S. senator that is holding people accountable to their crimes agaisnt us... the American people. As long as she keeps doing the job we're paying her to do, people need to chill with the unnecessary hateful comments
@@Insomnia4321 Thank you for being reasonable. I hate how there are people that refuse to give politicians credit when they do something good (on both sides)
@@charlierichardson9345 What exactly did she do? Wells Fargo seems to have committed a massive organized fraud. No one went to jail. They paid fines. Big deal. Wells Fargo closed 400 branches, so who got hurt? She's a good talker. That's it.
@@NickyShweety oh my fucking God. Put some respect into Lenin's name (whether you agree with him or not) AND LEARN HOW TO PROPERLY USE THAT WORD. For crying out loud, don't use it if you don't know what it means... You probably mean left-wing politician or even socialist.
I worked at a bank for over 3 years as a teller/member services rep. I can attest the sales pressures they put on you are astronomical, you constantly fear if you don't sell credit cards, higher loan amounts, etc. that you will lose your job, I have seen it happen to multiple co-workers...
So what nothing happened to the dude recipes or no recipes all Pocahontas wants is to talk shit " full of sound and furry but signafling nothing " lol lol
So true his voice as he showed no remorse for his crimes blabbering nonsense as if anyone was actually falling for it made me cringe. If the justice system wasn’t broken to pieces he’d have gotten at least 10 yrs in prison and required to pay a hefty fine. But nah he’s rich so he’s not required to have consequences.
DAMN, Elizabeth is ALWAYS SO well prepared! I've never seen ANYONE as well informed as she consistently is . She always knows exactly what she's talking about. No one EVER catches her off guard! She's smart, honest, brave, and tenacious! If she isn't made president, she should definitely be VP or secretary of state.🤓👍
She got caught a bit unprepared on that American Indian bloodline thing though, now didn't she? Took advantage of that lie for decades. She's pretty much worthless.
@@longshot7253Took advantage how? And I've heard MANY stories (several from people I know well) who were SHOCKED by what their genealogy test revealed. You can't hold THAT against someone. I couldn't agree less that she's worthless. She's fantastic. Watch her sometime on CSPAN live. You can't get any less biased than that , considering there's no commentary.✌️🙂
Because she listened to insiders who told her "say you're a more sensible Bernie and push the woman card", which translates to voters as "a weaker Bernie who is using identity politics to manipulate voters". Not saying I agree with that. She lost my vote when she accused Sanders of being sexist.
7:25 "Wells Fargo needs to start over and that won't happen until the bank rids itself of people like you who led it into this crisis. Thank you, mister chair." *MIC DROP!*
Stop Fighting Now!!! Right!! And BTW she's obviously super rich i mean what is she 90 look at her skin it looks great. Proof she is filthy rich she needs to stop with the common ppl BULLSHIT!!! Like shes common ppl really hate this bitch!!
Anybody who wittingly understood that they were doing an atrocity against United States in their own citizens should be held at least legally and financially responsible
Man, I want her to be in my college colloquium if she still professor, when she ask me about my thesis, she already know the answer and decide if I am worthy of the degree or not.
@Mike Law Correct. My last sentence was inaccurate. That whole situation really ticks me off and I don't even have an account there. WF engaged in an organized criminal activity, stole millions of dollars and not one person was sent to prison.
अभी अभी आप लोग पैसा भेजे थे ओसब लेलिया हे भाजपा लोग निकाल दीया हे मुझे एक भी पैसा नहीं मिला हे सब के सब भाजपालोग लेलते हेआज भी लेलीया हे ममता ने भाजपा ने एक सेंध लेना होगा अपलोड लोग को मुझे कुछ नहीं देनहीरा हे इंन लोग ने और हम ने कौही नहीं खोला हे कंपनी झुट बोलराहे इंन लोग ने PuRNIMACHHETRI
Just don't bring race in the discussion. These guys obviously are not ethical business men and should be prosecuted . I'm glad she is going after them.
They take it from the Ronald Reagan script: "I don't recall." "Mistakes were made." All over Iran/Contra which we're still paying for and still in a massive quagmire over.
This...this is why I want her as our President If i were a banker, the last place I'd wanna be is dragged before Se. Warren. RUN, ELIZABETH, RUN! WARREN 2020
Dave Helmboldt so she can put on the typical lefty drama show where she hasn’t a clue of what she’s talking about. She’s already on her way out the door.
Wow, really? That's way cool. I'll bet you learned a lot. I learn bunches whenever I hear her talk about anything. She's my favorite at the moment. I know she'd never stop working for America's middle class and poor, trying to make things better for us in every way.
@@JohnSmith-gf9yb Warren's had real accomplishments -- this pressure got me and others refunds from this bank. Hundreds of $ in my case. I think she's not a great campaigner and not my first choice, but in this area she is more than solid.
I have gone into Wells Fargo on a regular basis over the last year. Each time I go into my local branch I am strongly pressured to open an account there. I feel as though I am being ambushed
She definitely did her homework on this one. She never let off of him for a minute. She held him accountable and had a counter for everything he throw out. Well done Ms.Warren well done.
Wells Fargo's mismanagement of my mortgage stole an opportunity I had to attend university for free. At one point, they even removed my name from my mortgage! Thanks for holding his feet to the fire, Sen. Warren!