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GOP would kill agency that busted Wells Fargo

Welcome to less regulation and more Wall Street shenanigans if Republicans win, as they would do away with the agency that went after Wells Fargo. Wells Fargo is paying $185 million in fines and fired more than 5,000 rank-and-file employees, but so far nothing has been done to personally punish the high-level executives who reap [...]
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Wells Fargo fined $185 million for creating 2 million fake bank accounts; Fires over 5,000 Employees

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Employees at Wells Fargo created millions of fake bank accounts and credit card numbers over the past five years, federal regulators announced this week, in an illegal bid to boost their sales figures. The bank was fined $185 millio...

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Wells Fargo was fined $185 million by regulators for creating fraudulent customer accounts. The bank fired more than 5,300 employees as a result. Now it's time for Wells Fargo management to go.

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California and federal regulators fined Wells Fargo a combined $185 million on Thursday, alleging the bank's employees illegally opened millions of unauthorized accounts for their customers in order to meet aggressive sales goals. T...

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By: Rob Smith Wells Fargo employees claim they were retaliated against for reporting unethical demands to meet the company's sales goals. Wells Fargo paid $185 million in fines and fired 5,300 employees for creating millions of fake...

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Wells Fargo CEO John Stumpf faced harsh accusations from members of both parties when he appeared before the Senate Banking Committee. Some of the harshest criticism came from the head of the committee, GOP Senator Richard Shelby, w...


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