For years, Wells Fargo Bank has knowingly ripped off its customers. The NY Times has done an awesome job of covering the crime. Those who have paid for their wrongdoing and those who haven’t are demonstrations of Democracy At Work—ha! 326 more words
Tags » Stacy Cowley
WASHINGTON — He is forfeiting at least $41 million in pay.
Added @ September 30, 2016 at 10:09AM from http://ift.tt/2ddwJ2Y
Wells Fargo announced on Tuesday that it would claw back compensation valued at $41 million from its embattled chairman and chief executive, John G. Stumpf, as the financial consequences of the scandal over illegally created sham accounts at the bank reached the executive suite. 10 more words
At least 5,300 Wells Fargo employees have been fired for ethics violations like setting up illicit accounts without customers’ knowledge to meet sales targets.
Added @ September 27, 2016 at 11:40AM from http://ift.tt/2dxIRgl
In two lawsuits seeking class-action status, workers say they were fired or demoted for acting ethically and falling short of unrealistic sales goals.
Published: September 27, 2016 at 02:00PM… 7 more words