Thread regarding Wells Fargo & Co. layoffs

Charges Charges -- SEC charges former Wells Fargo executives over fake-accounts scandal

There you go, it did happen...

John Stumpf, former chairman and chief executive officer of Wells Fargo, is banned for life from the banking industry over the bank's 2016 fake accounts scandal.

https://www.cnn.com/2020/11/13/business/wells-fargo-ceo-stumpf-charged-sec/index.html


SEC charges former Wells Fargo executives over fake-accounts scandal

New York (CNN Business)The Securities and Exchange Commission on Friday charged former Wells Fargo CEO John Stumpf and a top lieutenant with misleading investors about the success of the division at the heart of the bank's fake-account scandal.

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| 2604 views | | 7 replies (last November 15, 2020) | Reply
Post ID: @OP+17U2xAHK

7 replies (most recent on top)

My favorite part of the article, “Tolstedt’s attorney, Williams & Connolly partner Enu Mainigi, called her “an honest and conscientious executive” and disputed the SEC’s charges.“. 😂 I’ve been with WF for nearly 20 years and trust me, Carrie Tolstedt was and is a cold hearted, ruthless, greedy bee-atch. She should be in jail. So should Stumpf.

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Post ID: @2lzp+17U2xAHK

OP did you happen to wonder if anyone else posted this? News flash. They did. Please check before you post the same thing over and over over

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Post ID: @med+17U2xAHK

Oh man. He’s financially ruined. I don’t know how he’s gonna make ends meet going forward

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Post ID: @jod+17U2xAHK

If Martha Stewart went to prison, then Stumpf and Tolstedt should absolutely be in prison.

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Post ID: @jdg+17U2xAHK

Remember all that c-ap about him being a poor dairy farmer. About him studying German, 8 ist großartig. His hand brace from playing with grand kids. Three CEO's later and unfortunately now we have a Charlie.. an expensive parasite who makes D&I video's a couple times a year for $34M.

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Post ID: @jvy+17U2xAHK

We're paying. He got rich

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Post ID: @ggq+17U2xAHK

That's the least they should do to him.

He should be in prison for committing SEC violations that doomed WF.

Tired of the late, softball responses. Insult to injury for employees.

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Post ID: @ssp+17U2xAHK

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