To: ransomnote
Drop in the bucket. They should have been shut down.
2 posted on
02/21/2020 3:18:23 PM PST by
aimhigh
(THIS is His commandment . . . . 1 John 3:23)
To: ransomnote
“Today’s multi-billion-dollar penalty holds Wells Fargo accountable for its unlawful sales practices and pressure tactics in which it deceived millions of clients, thus causing substantial hardship for the very individuals who placed their trust in the institution,”
I understand how these actions hurt investors. How did they hurt customers? Open accounts that no one was aware of or ever used would seem to do nothing but slightly decrease then increase one’s credit rating.
3 posted on
02/21/2020 3:21:15 PM PST by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
To: ransomnote
No, the remaining depositors do.
4 posted on
02/21/2020 3:24:51 PM PST by
relictele
To: ransomnote
Wells Fargo and its execs pay NOTHING. The depositors do. This is a joke.
5 posted on
02/21/2020 3:34:47 PM PST by
Seruzawa
(TANSTAAFL!)
To: ransomnote
So no one at Wells Fargo will be going to jail for this? Or at least flogged?
To: ransomnote
So no one at Wells Fargo will be going to jail for this? Or at least flogged?
To: ransomnote
Those slimy, sleazy, fetid, fecal, foul, malodorous, loathsome, detestable, wretched, horrific, vile, offensive, criminal, thieving, swindling, treacherous sumbitches should have been filleted up like a tuna and sold off like 7-Eleven franchises fifteen years ago, and left everyone from the branch managers to the CEO hanging from lamp posts outside. It would have saved me and my wife ten years of headaches and heartaches, and we weren't the only ones. *spits*
8 posted on
02/21/2020 3:40:14 PM PST by
Viking2002
(There's a little Al Bundy in all of us. And we vote.)
To: ransomnote
A WF employee told me about this today. Said last week Warren Buffett (Berkshire Hathaway) sold his entire stake in WF. Wondered aloud to me about the insider trading rules.
To: ransomnote
They did it to me as a Personal Line of Credit. I had no knowledge of it. They had sent me a stern letter after someone had used it up. I called the president of my local WF and told them to stick it. Changed banks.
11 posted on
02/21/2020 4:24:21 PM PST by
waterhill
(I Shall Remain, in spite of __________.)
To: ransomnote
3 Billion is pocket change to Wells Fargo and means nothing. Except to the innocent shareholders who will be the ones who really pay.
How ‘bout some meaningful prison terms for those involved in the planning and execution of this fraud?
Actions speak louder than dollars.
12 posted on
02/21/2020 5:40:58 PM PST by
upchuck
(Mayor Pete is not running to win. He's running to mainstream homosexuality. ~ Cowboy Bob)
To: ransomnote
Simply put, Wells Fargo traded its hard-earned reputation for short-term profits... Their hard-earned reputation disappeared about the time of their last stagecoach run.
13 posted on
02/21/2020 5:43:29 PM PST by
Mr. Jeeves
([CTRL]-[GALT]-[DELETE])
To: ransomnote
But how much did Wells Fargo make?
How much did those at the top make?
14 posted on
02/21/2020 8:49:22 PM PST by
minnesota_bound
(homeless guy. He just has more money....He the master will plant more cotton for the democrat party)
To: ransomnote
That is nowhere close to enough. Let’s go for twenty billion, cease and desist orders on senior executives and the breakup of the bank into four parts
17 posted on
02/22/2020 4:26:40 AM PST by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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