Looks like he got his hand caught in the cookie jar
He gets to retire.
Should be in frickin’ jail.
Glad to hear he is out.
The entire Wells Faggo should go under. They are nothing but a sodomite front group anymore.
Yep and
The scumbag replacing him was the direct report of the woman who ran the scam....
Smells like that brown stinky stuff... to me...
Who’s sheetin who here...?
I athink the founders of WFC would kick the livin sheet out of the current management... amateur bank robbers.....
Guys like this are what Andrew Jackson was talking about:
Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, I will rout you out!
take the money and run!
tell Ken Lay hi from all us stiffs.
No jail huh?
Typical....
Just another POS
This doesn't tell the whole story, but that seems like a solid punishment for a change.
WHAH...?
NO INTENT..!
I don’t get it..!
Throwing him out NEVER FED A HUNGRY CHILD..!!!
He should be in jail if the charges are true. There is no justification for that kind of Industry Sanctioned Customer Deception.
WFC up 2% AH. Picked up some shares last week when all of the news was wall to wall negative. Nobody died. All customers will get their money back. This is small potatoes in the grand scheme of things, a great chance to pick up a good company at a discount.
I actually prefer Wells to Bank America for a nationwide bank
You know what’s the most infuriating part of this?
The photo dynamics orchestrated by his lawyer:
They KNEW this photo would be coming, that it would be shown ALL OVER.
It was his one shot at a TINY bit of sympathy. So his lawyer cooked up the SINGLE brace owing synergy with that shot —one that would adorn his RIGHT hand, upheld for the oath.
RIDICULOUS AND TOTALLY CYNICAL.
Chance it wasn’t a lawyer trick? 0.000000%.
like so many other establishment types, they get caught committing crimes that cost the citizens millions, if not billions, and instead of prosecution like what would happen to Joe or Jane six pack, they get off free if they agree to resign. No enforcement of the law = no law at all.
Wells Fargo is not the only one. Keep an eye out for more of this.
Big deal.
No criminal charges for anyone at the bank equals more corruption.
...A representative for Wells Fargo said that Stumpf will not receive any severance payment....
It’s all in the way you say it...He is leaving with discounted stock options worth over 100 million dollars.
How big is his golden parachute?