We can't even give away the govts money during coronavirus without ripping people off.
https://www.cbsnews.com/news/wells-fargo-paycheck-protection-program-loans-faces-government-investigation/
We didn't even deserve to be able to do it, Charlie begged, they allowed us and we screwed that up... it's like Johnies in trouble and grounded for stealing candy but begs to go to baseball, parents cave, he goes to baseball and gets busted stealing candy
Maxine Waters is about the last person on Earth who should sit on a banking regulatory commission. I know from experience any posts which mention her background here quickly deleted. I encourage people to research her background.
This is awesome how some people just quote fake news sources and Maxine Waters)). Really, Maxine Waters still has any credibility left with any of you??? So sad....
I must say, when will they ever learn. WF has had large scandals lately and you'd have thought they'd had enough. Lots of good folks working there, but these management trash dragging the bank's name through the mud to make a few extra illegal dollars....it'll be in business school classes: "100 years to build a brand, 5 minutes to ruin one"....
"Bank of America (BAC), Wells Fargo, JPMorgan Chase and US Bank were sued Sunday for ALLEGEDLY failing to process forgivable loans
ID: @OP+14Re63Xy is ALLEGEDLY robbed a bank
There is more than 1 story here and more news outlets:
https://www.cnn.com/2020/04/21/business/small-business-loans-ppp-lawsuit/index.html
"Bank of America (BAC), Wells Fargo, JPMorgan Chase and US Bank were sued Sunday for allegedly failing to process forgivable loans in the $349 billion Paycheck Protection Program (PPP) on a first-come first-served basis."
Did you even read the article?
Other major banks are listed, so take it for what it is.
When I watched him testify to Maxine Water's committee I felt they were very open to giving him a chance. Why do I get the feeling he just squandered it?