Posted on 03/15/2019 3:48:19 AM PDT by Libloather
The scandal-plagued U.S. bank Wells Fargo & Co. (WFC) is "too big to manage," a top U.S. lawmaker told CEO Tim Sloan at a hearing Tuesday in Washington.
Maxine Waters, a Democratic congresswoman who heads the U.S. House of Representatives' Financial Services Committee, said at the hearing that Wells Fargo is blighted by "ongoing lawlessness and failure to right the ship." Waters represents a district in southern California, where some of the San Francisco-based bank's alleged customer abuses first emerged.
It was the first time Sloan has appeared before the House panel since Democrats took control of the chamber following last November's elections. He has previously appeared before the Senate Banking Committee, where he was harangued by Sen. Elizabeth Warren, a Massachusetts Democrat who is seeking the Democratic nomination for president. Warren has repeatedly called for Sloan's dismissal.
(Excerpt) Read more at thestreet.com ...
I think the woman left the top of her head open by accident, and before she noticed a lot of spare parts fell out.
Too bad her warranty has expired.
Note they’re going after the ONE bank that still supports Gun dealers...
Bumper sticker slogan brief.
Now ask her to explain her position...
It can’t be done, and THIS is the valued congressional head of the financial service umptyfratz... sheesh...
Really; libs love these big banks when they can force them to make bad loans, then turn on them when the bad borrowers default. Big companies just become an extension of government; I guess Wells Fargo doesn’t have enough diversity in its top employees - or didn’t pay Mad Maxine.
Hey Maxine. You what’s to big to manage? Its the f*****g Government.
We have an idiot running the finance committee, bottom line. She is dirty as dirty comes, Im sure. Its funny but distressing when you see these idiots in congress,(not all) questioning these corporations about things they have no idea trying to catch them in an “ah ha moment, yes or no please snipit” unless they promise before hand to donate to their reelecting or cause
So where does Maxine get all of her banking expertise from?
Mad Maxine at it again...
I’d never do business with them just because of the crap they pulled and how they thought some ad with old-time Wells-Fargo folks fooling the bad guys with rocks in a box made them forgivable...especially since that’s pretty much the nature of how they treated their customers/investors....
Butch Cassidy
Wells Fargo too big to manage?
What about the federal government?
_____________
Butch: "What happened to the old bank? It was beautiful."
Guard: People kept robbing it.
Butch: "Small price to pay for beauty."
Fishface should check with her hubby..
This idiot Waters has ZERO experience running a business of any size. Her opinion on the size of a business, and the managability thereof, is completely worthless.
If WF is too big, then what in HECK is Fedzilla, Maxine?!
They NEVER challenge these people on their positions and crazy rants. That’s half the problem with the MSM.
No Maxie. The Feral Government is too big to manage and has too many fat ass piglets running it. It’s time to start cutting the government, BIG TIME. The less government and piglets in Washington, the better.
Look for the Rent-a-Mobs to start protesting on bankers lawns again
Here we go. More Enron, Anderson (I forget their whole name)...and others that previous Demonrat Congresses destroyed.
Maxine is too stupid to govern.
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