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Wells Fargo Scandal A Setback To Lobbying Efforts by Big Banks

This story was originally published by InsideSources.com Wells Fargo, the banking giant that defrauded its own customers by opening checking accounts they didn’t want, got a pointed lecture from the chairman of the House Financial Services Committee Thursday. It was about the business that the San Francisco-based bank, led by CEO John Stumpf, dominates. “I have a mortgage with your bank,” Rep.
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