A Friday-afternoon-in-August disclosure. Here’s its rap sheet of ongoing official scandals.
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Competition for cash returns for the first time in 9 years, and banks hate it.
Why is Tim Sloan still CEO, asks California Treasurer as “systemic corruption and venal abuse of customers” have become “part of Wells Fargo’s brand.”
Oh the irony!
Third largest US bank reaches out to its customers. A mass Credit Freeze would have a huge impact.
New scandal: another 570,000 (800,000?) customers become victims.
They have learned nothing.
No bank is “so powerful as to be untouchable.”
Now the spigot is getting turned off.
Wells Fargo has $81 billion in exposure to loans that, on paper, it isn’t exposed to.