"The chief executive officer of Wells Fargo & Co on Tuesday apologized for the bank’s opening as many as 2 million bogus customer accounts that could generate fees for the lender. “I accept full responsibility for all unethical sales practices,” CEO John Stumpf told a congressional panel... [Ohio. Sen. Sherrod] Brown said employees were caught “forging signatures, and stealing identities, Social Security numbers, and customers’ hard-earned cash, so as to hang on to their low-paying jobs and make money for the high-paying executives at Wells Fargo.”"
Issues and developments related to ethics, information, and technologies. My Bloomsbury book "Ethics, Information, and Technology" will be published in January 2026; Preorders are available via this webpage: https://www.bloomsbury.com/us/ethics-information-and-technology-9781440856662/
Thursday, September 22, 2016
Wells Fargo CEO Takes Responsibility For ‘All Unethical’ Practices; Reuters via Huffington Post, 9/20/16
Reuters via Huffington Post; Wells Fargo CEO Takes Responsibility For ‘All Unethical’ Practices:
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