+100
The only thing I’ve taken away from this thread is PA doesn’t have a credit card with no international transaction fees.
^You’ve inferred more than that. You’re just being kind.
I noticed he had a splint on his hand, did he hit the mirror after hearing the news?
ha! you probably nailed it. He claims he did it playing with the grandkids. whatever…
Was pretty funny watching the testimony. Oh so all your former employees just decided to do this on their own against the “company code of conduct”? Even if that was true it shows they were incompetent at best. Clearly just trying to play the angle of poor management to get out of jail time. Typical CEO move, blame everyone under you when something goes wrong. They sure love to take credit and compensation when things go right though
personally I loved Warren’s quote of him “you liked the # 8 (referencing the target number of accounts for each customer) because it rhymed with great!”
Wouldn’t’ be surprised it if was something related to this event. Wife goes crazy, employees go crazy, he goes crazy, bad things happen when it all goes to hell. Then you make up the “skiing accident” story…
make it 30 years in the slammer
_ Bado not only refused orders to open phony bank and credit accounts. The New Jersey man called an ethics hotline and sent an email to human resources in September 2013, flagging unethical sales activities he was being instructed to do. Eight days after that email, a copy of which CNNMoney obtained, Bado was terminated. _
Not shocking, when I contemplated calling the bank’s “anonymous” ethics hotline in 2003 this is why I didn’t…I figured I’d show up on Monday without a job.
Anyhow, without a doubt (like there ever was one) this was a scheme from top management, employees tried to stop Stumpf and Company, and they got fired, they went along with his scheme and they got fired…low level chumps get screwed either way. He made off with hundreds of millions in gains, and nothing will happen to him, just like nothing happened to those subprime guys I wanted stopped.
But, at least we normal law abiding professionals have tons of Dodd-Frank nonsense slowing us down.
Cool, keep the attacks coming. Also Buffett needs to stop being a greedy pussy and call for Stumpf’s head.
_ “Wells Fargo knew that their unreasonable quotas were driving these unethical behaviors that were used to fraudulently increase their stock price and benefit the CEO at the expense of the low-level employees,” according to the complaint filed in state court in Los Angeles. _
WF brokers shady, who woulda thought 
“retiring” SMH
He’s gone, but the bolded below is correct. Gone means being allowed to walk away when you rob a bank, or more precisely millions of customers. Prison time, or death penalty, either is fine, but neither is unacceptable.
------------------------- “You should resign,” the Massachusetts Democrat told Stumpf. “You should give back the money that you took while this scam was going on and you should be criminally investigated by both the Department of Justice and the Securities and Exchange Commission.”
Wells Fargo “is a criminal enterprise,” said Gregory Meeks, a New York Democrat. “Would you allow someone to walk out after robbing your bank?”
@PA, How much time do you spend in a day to write all these comments? Jesus!!
I’m done with my contract job last week, now I just post on the internet and study for series 65. LOL.
This is really dark, PA.
yes and every case is cut and dry no doubt. zero chance of wrongfully killing people.