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Wells Fargo CEO accepts responsibility for 'unethical' practices

2 pointsby clbrookover 8 years ago

1 comment

AstroJetsonover 8 years ago
He&#x27;s very careful to push away anything around clawing back the $120+ million from the person that was the manager of that group, Carrie Tolstedt. This is why people hate big banks. They pay a minor fine but there isn&#x27;t a penalty to the C and C- level execs.<p>Wells stock went from $50 to $45 around the news, but it&#x27;s back up to $46 today, so even Wall Street is &quot;ho, hum, business as usual&quot;