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SEC charges former Wells Fargo executives over fake-accounts scandal

15 pointsby definethewordover 4 years ago

2 comments

jfengelover 4 years ago
It seems that they&#x27;re not being charged with the actual &quot;fake accounts scandal&quot;. They&#x27;re charged with misleading investors, over just how successful it was.<p>Having opened fake accounts, charging fees for them, and potentially damaging consumers&#x27; credit... that produces no charge. The company paid fines, but the executives who knowingly messed with customers suffered nothing. It&#x27;s only because they messed with investors that they&#x27;re finally being charged with a crime.
评论 #25088588 未加载
swileyover 4 years ago
Remember, your rent&#x2F;mortgage is expensive now partly because we&#x27;ve inflated real estate in order to bail these people out, and your favorite politician (both left and right) probably voted for it.