Thread regarding Wells Fargo & Co. layoffs

The Risk leadership recognized once again as Best in Class

Just read the WSJ and Bloomberg headlines.

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| 1763 views | | 9 replies (last November 21, 2023) | Reply
Post ID: @OP+1pC2ruBZ

9 replies (most recent on top)

So did they finally fire that narcissist, Mike D-bag schimek? That is the only way to improve the mortgage credit risk department.

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Post ID: @5zzd+1pC2ruBZ

Obviously, Wells Fargo is bribing the media.

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Post ID: @2suv+1pC2ruBZ

You
Mean g$n toting Derek Flowers who treats people like absolute sh$t? His org? Yeah right. Best in class - maybe if you were back in the 50’s.

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Post ID: @2bhl+1pC2ruBZ

Don’t forget this headline from WSJ… lol

Regulators Say Wells Fargo Isn’t Doing Enough to Police Customer Crimes - WSJ

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Post ID: @1mcd+1pC2ruBZ

Wonder how much they paid for that headline?

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Post ID: @1vss+1pC2ruBZ

If we’re best in class the rest are absolute dog sh1t. Don’t we still have plenty of MRAs and consent order stuff?

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Post ID: @jeo+1pC2ruBZ

I saw the headline earlier today and immediately checked LinkedIn for job postings. TONS of jobs posted for RCSA. It's the perpetual battle, always being fought, victory is oh so close but just out of reach. Give it another 18 to 24 months, Charlie promises. And then after a year oh so, the goal posts are moved, battle lines redrawn, and victory is near.

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Post ID: @vba+1pC2ruBZ

bring on the bonuses.

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Post ID: @fpr+1pC2ruBZ

I always enjoy a wry sense of humor. Good one, OP.

Here’s the problem at WFC, IMHO. Our technology su-ks. And then on top of that, we have a dangerous charlatan (Charlietan) at the helm laying off anyone who has the experience to pick up on a problem. Or who cares enough to question a situation which doesn’t smell right.

In my (too many) years at Wells Fargo - it was always the humans who caught the most costly errors and scams. Our systems cannot duplicate institutional knowledge plus instinct.

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Post ID: @edy+1pC2ruBZ

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