"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.”"
Showing posts with label unethical practices. Show all posts
Showing posts with label unethical practices. Show all posts
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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