“Is it Friday again? Must be time for another banking scandal!

Seriously – these banking scandals are happening with such regularity and predictability it would be almost comical… were it not for the millions of people who have had their lives turned upside down.

Bear in mind that the ink isn’t even dry yet on the $1 billion check that Wells Fargo wrote last week as a penalty to settle its previous scandal, where they defrauded 570,000 clients in a car insurance scam.”

And . . . yet another Wells Fargo banking scandal

Key people
Elizabeth Duke
(Chair)
Timothy J. Sloan
(President and CEO)
Revenue Increase US$88.389 billion (2017)[1]
Decrease US$27.337 billion (2017)[1]
Increase US$22.183 billion (2017)[1]
Total assets Increase US$1.952 trillion (2017)[1]
Total equity Increase US$206.936 billion (2017) [1]
Owner Berkshire Hathaway = WARREN BUFFET (9.9%) net worth of US$87.5 billion as of February 17, 2018
Number of employees
268,800 (2016)[1]

https://en.wikipedia.org/wiki/Wells_Fargo

 

 

1 Comment


  1. yet another Wells Fargo (Berkshire Hathaway Warren Buffet) banking scandal https://gnusocial.de/url/5232669

    Reply

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