Sham Account Scandal Costs Wells Fargo $30 Billion Of Investment Activity With The State Of Illinois
Sham Account Scandal Costs Wells Fargo $30 Billion Of Investment Activity With The State Of Illinois == well, it's something... I still think that Stumpf and the top execs should have to pay back everything from their own wallets.
Wells Fargo workers: Fake accounts began years ago
Wells Fargo's fake accounts -- the shocking tactics that were revealed this month -- have been around much longer than the bank has acknowledged, former employees are telling CNNMoney. "These practice were going on way before 2011," said Susan Fischer, a former Wells Fargo branch manager who started working at the bank in Wisconsin in 2004.
Wells Fargo Loses California - http://anythingla.com/wells-fargo-loses-california/ - Fresh on the heels of L.A. City Attorney Mike Feuer’s legal victory over Wells Fargo Bank, the State of California suspended some of its business with Wells Fargo. In an unprecedented move, the State treasurer, John Chiang, pulled much of the State of California’s banking, including large municipal bond deals and the State’s investments in securities, from Wells Fargo. The State of
California Suspends ‘Business Relationships’ With Wells Fargo
California, the nation’s largest issuer of municipal bonds, is barring Wells Fargo & Co. from underwriting state debt and handling its banking transactions after the company admitted to opening potentially millions of bogus customer accounts.