The way CS communicates comes across as patronizing and condescending. His comments that he wonders who shows up to the shareholder meeting and he prepares for it like it's a hearing tells me he has no respect for the shareholders. And he shared no valuable information about the shareholder meeting, which had a huge vote that WF must publish annual report on the prevention of workplace harassment and discrimination.
His comments that banks fail all the time is garbage. According to the FDIC there were NO bank failures in 2021 and 2022. And in 2020 and 2019 there were 4 banks failures each year, and there were none in 2018. So, the facts don't support CS's fake news that banks fail all the time.
CS is using WF as his own personal charity (example TD Jakes) and the costs to the company is stock price that is in the toilet, thousands of employees that are quiet quitting, and a brain drain.