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Did Wells Fargo pull a WVU?


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What happened?

Should come up on a goggle search....Wells Fargo fined etc

 

Over past few years, upwards of 5500 employees (at least that many were terminated) opened up approx 1.5million fee-generating accounts and other fee-generating instruments without customer authorization. Motivated by the commissions earned for opening such accounts/pressure from upper mgmt to meet minimum quotas on such accounts.

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Tent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes

 

 

Just like during the last economic crisis, homeless encampments are popping up all over the nation as poverty grows at a very alarming rate. According to the Department of Housing and Urban Development, more than half a million people are homeless in America right now, but that figure is increasing by the day. And it isn’t just adults that we are talking about. It has been reported that that the number of homeless children in this country has risen by 60 percent since the last recession, and Poverty USA says that a total of 1.6 million children slept either in a homeless shelter or in some other form of emergency housing at some point last year. Yes, the stock market may have been experiencing a temporary boom for the last couple of years, but for those on the low end of the economic scale things have just continued to deteriorate.

 

 

 

Tonight, countless numbers of homeless people will try to make it through another chilly night in large tent cities that have been established in the heart of major cities such as Seattle, Washington, D.C. and St. Louis. Homelessness has gotten so bad in California that the L.A. City Council has formally asked Governor Jerry Brown to officially declare a state of emergency. And in Portland the city has extended their “homeless emergency” for yet another year, and city officials are really struggling with how to deal with the booming tent cities that have sprung up…

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What Wells did not disclose publicly to anyone is that the head of the group responsible for Wells' biggest consumer fraud scandal in years, is quietly leaving the bank with a $125 million bonus, a bonus which as Fortune's Stephen Gandel writes today will not see even one cent clawed back as part of the dramatic revelations

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What Wells did not disclose publicly to anyone is that the head of the group responsible for Wells' biggest consumer fraud scandal in years, is quietly leaving the bank with a $125 million bonus, a bonus which as Fortune's Stephen Gandel writes today will not see even one cent clawed back as part of the dramatic revelations

 

 Fukkin hag should rot in prison

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Pretty crazy that many people involved and took a while for them to catch on.

 

Yeah, all those employees?  That's insane.  I'm surprised this didn't come out sooner with all those morons knowing about it.

 

Unfortunately, I have a Wells Fargo account... maybe we should start taking out our money... 

 

Nothing else is really going to happen to these assholes.  Those fines are nothing to these banks.

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Yeah, all those employees?  That's insane.  I'm surprised this didn't come out sooner with all those morons knowing about it.

 

Unfortunately, I have a Wells Fargo account... maybe we should start taking out our money... 

 

Nothing else is really going to happen to these assholes.  Those fines are nothing to these banks.

 

that's why everyone always screams "conspiracy theory"... nobody could possibly keep secrets right?  bullshit

 

manhattan project had over 100,000 employees, whole office buildings in downtown manhattan and nobody knew about it

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