I know we have a lot of good employees who do care, but can’t afford to leave. I get that.
But I do not understand those who make excuses and rationalizations for the bank’s terrible behavior and want to stay and be a cheerleader for a company that is clearly rotten to the core. You are collaborating with your own enemy. (If you don’t think Charlie is your enemy, than you need to learn to read the room.)
Seriously, maybe Charlie’s new action plan is to hire people who don’t know the business, don’t read the news, don’t know right from wrong, don’t care about right from wrong as long as they are collecting a paycheck, don’t care if the the company they work for is morally bankrupt, don’t care if he is screwing them because they don’t think they can do better elsewhere… that means he doesn’t have to worry about those nasty Whistleblowers, right?
Rationalizations I’ve heard:
- “I didn’t work here when all the tomfoolery happened.” Please learn more about the latest news and fines. Many of the latest penalties are for wrongdoings occurring under the current C-Suite’s watch.
- “Technically, they weren’t found guilty of all they were accused of”. Oh please. You are smarter than that. WFC needs people who are strong and will stand up against inappropriate conduct.
- “Wells Fargo is a good company”. There’s no excuse for that response. Seriously, you can’t do your job properly if your head is in the sand. I’ll bet you think Bernie Madoff was stealing from the rich to give to the poor.
“Other banks are doing the same things, or worse.” No other bank is under a Federal Asset Cap for gross mismanagement and lack of oversight. Are we at a point where we’re rationalizing that it’s okay to do wrong as long as there’s some one else who is worse? I hope not.
“The benefits are phenomenal.” Wells Fargo’s benefits are very average. Are they good compared to Party City? Yes. Are they good compared to other well- managed companies? Average at best.
“Charlie has us on track and is cleaning up the mess.” I’m sorry, but 😂. The Feds do not agree. Please provide a well documented list of what you say Charlie has done to clean up the processes, controls and culture to prevent inappropriate activities. Charlie is just moving around the deck chairs to extend the time where he can line his own pockets at everyone else’s expense.
“Things were way worse under Stumpf.” Maybe. It took more than 10 years for Stumpf’s and Tolstedt’s scandals to come to light.
“None of these things had anything to do with my group.” Oh okay. You would happily work for Jeff Epstein as long as no one in your group was abusing under-age girls. Nice.