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Wells Fargo's CEO Is Actually Getting Punished

For the first time since the financial crisis, a big bank is publicly forcing its CEO to give up a small part of his millions in salary and stock ? making him take at least some symbolic, personal responsibility for misconduct. Wells Fargo CEO and chairman John Stumpf will forfeit $41 million in unvested stock, give up his $2.8 million annual salary (for a time) and get no bonus this year, the bank announced Tuesday in the wake of a massive scandal.
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