Stumpf should be fired and repay his multi million dollar compensation. He was trained by public relation firm to completely avoid responding to the questions of senate banking committee. They advised him to play dumb and not to know anything. How CEO could not know about 5,200 employees being fired. Time for criminal charges to eb filed. BTW - where were regulatory agencies? Their employees are paid to investigate fraud.
Should the CEO be in prison, yes. But this raises a bigger question of what it takes to meet goals set by boards and their shareholders, this is classic greed and expectation. This isn't free market, this is too big to fail and it's bullshit.
If everyone would close their accounts with Wells Fargo it would send a message it might not seem like alot but if everyone pulled together I haven't had any mishaps I only have chump change but I refuse to deal with a bank that has all this scandal so please consider closing your accounts it was a little bit of a headache but I feel I've done all I can do for the victims
Every client has access to their accounts for daily balance check. How dare the employees opened accounts but they hid the fake accounts from the clients?
The most trusting people senior citizens were like fish in a barrel for these con artists. I should know. My mother not to mention me were victims of these disgusting parasites.
Because folks like Stumpf are all buds and serve on each other's boards. They band together to craft legislation, finagle bribes and 'fix' the system so they can operate with impunity. They've set it up so even if they do get 'busted' for fraud they still get humongous cash rewards, get to keep their salaries and perks so it makes it very worthwhile. Only when we make them be truly accountable for their greedy crimes can things be changed.
Because snowden committed treason, hence he is a traitor. I was military and I was intelligence, I understand why he did what he did and that part is not really contested by anyone, its what he did (not why he did it) that makes him a traitor. Its a big bank and national security, they are not the same thing.
where do I file a lawsuit and who do I contact they scammed me to and closed my accounts; gave me all new accounts and refuse to tell me what happened; it was a nightmare???????????????????????????????????????????
"What kind of a boss that doesn't know what's going on in his company. It's hard to believe what is coming out of his mouth that he doesnt know whats going on." meh... i see some bosses like that who dont know anything. Like Trump. He doesn't know anything about his company. He doesnt even know what his company is worth. He could only guess. It's the lower level employees that do all the works.
How refreshing! A lying bankster admitting that he "just didn't know" what was going on in his own company. At least that's an improvement over most lying politicians claiming that "they just couldn't remember." Isn't it??
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where do I file a lawsuit and who do I contact they scammed me to and closed my accounts; gave me all new accounts and refuse to tell me what happened; it was a nightmare???????????????????????????????????????????????????
