Posted on 09/20/2016 11:07:57 AM PDT by um1990
Elizabeth Warren unleashed a verbal barrage at Wells Fargo CEO John Stumpf on Tuesday, calling the embattled bank boss "gutless" and demanding he step down. "You should resign...You should be criminally investigated," Warren told Stumpf during a fiery one-sided exchange at the Senate Banking Committee's Wells Fargo hearing. Warren, a vocal critic of big banks like Wells Fargo, demanded both the Department of Justice and SEC criminally investigate Stumpf for his "gutless leadership." Last week, a U.S. official told CNN that the DOJ has issued subpoenas to Wells Fargo.
(Excerpt) Read more at money.cnn.com ...
Heard her talking on the radio, total, absolute hypocrite.
Yeah i caught some of it live or it caught me yup what hypocrite
They will use this as an excuse to nationalize the banks.
Being able to charge people "failure to have guts as leaders" would be awesome, let's start with most of the people in congress.
But, alas, it has no actual meaning. Thanks, Harvard law professor.
Some has failed to make his payments to the Clinton Foundation....
Maybe they should “circle the wagons” for the “indian” attack? ...
One would think Rat leaders would be a mite more careful about demanding people be criminally prosecuted.
“Warren slammed Stumpf for failing to fire any senior executives linked to the scandal, while Wells Fargo’s aggressive sales tactics helped pump up the bank’s stock price. “
- how many people were fired over the deliberate obamacare lies?
- how many people were fired over benghazi?
- how many people were fired over 800+ illegals incorrectly being given citizenship?
and on and on and on????
some failed to make mortgage payments and had their houses foreclosed on...Liawatha then took full advantage to flip those foreclosed homes to make fortunes for her and her relatives...
How is a 1 side tirade by a deranged clown an "exchange" CNN? Leave it to at Clinton New Network to think this unhinged diatribe by a Senator abusing her position was "epic".
and snag all our 401 ks
When you are untouchable you have no fear.
She has a career precisely because bankers keep doing STOOOOOOPID things like this.
I’m no fan of Warren. She is an opportunistic liar and a fraud. But she is right about Wells Fargo.
Those big banks do terrible things. And when they get caught, they pay a small fine. Everyone involves gets a golden parachute and lives (and laughs) happily ever after.
Wells Fargo employees were setting up fake bank accounts, using the names of real customers. Those customers were paying fees on accounts they didn’t know they had. That is theft. Warren is right. People should be going to jail here.
I guess you are right.
Warren was a screenching venomous nasty harpie shrew. She never gave the Wells CEO a chance to complete an answer and badgered him when he wouldn’t supply the one she wanted. She actually created sympathy for Wells Fargo because she was so unbalanced. I almost expected men in white to come and take her away.
I don’t know the predicate acts for identity theft, but lurking out there has to be a charge of 2,000,000 counts of something involving the unauthorized use of a person’s name and financial history to obtain credit. And since the executive in charge got to keep her golden parachute, you know she has some damning evidence about the C-suite’s knowledge of this episode.
Wells Fargo’s PAC just had its budget increased...substantially.
“how many people were fired over 800+ illegals incorrectly being given citizenship?”
They were just following orders!
Look how Warren wants to decide who gets to collect a paycheck from places? And how her party wants to regulate industry to the point of total control. They are fascists, not in the "oh they hurt my feelings, what a bunch of nazis!" sense that the word is used now, but rather in the actual original application of it.
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