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Robert Reich: Congress pretends to shame corrupt CEOs – but does nothing to stop their crimes

yesterdayNews : The Raw Story

Last week, Congress engaged in a bipartisan barrage of CEO bashing. The Senate Banking Committee assailed Wells Fargo CEO John Stumpf for pushing employees to create as many as two million bogus bank and credit card accounts without customer’s consent – making customers pay overdraft and late fees...

Robert Reich: Here's How Big Bank and Pharma CEOs Get Away With Fraud and Greed

Click here for reuse options! Hollering at them won't work; Congress needs to take action. Last week, Congress engaged in a bipartisan barrage of CEO bashing. The Senate Banking Committee assailed Wells Fargo CEO John Stumpf for pushing...Show More Summary

Time for Congress to Stop Hollering at CEOs and Take Action

Last week, Congress engaged in a bipartisan barrage of CEO bashing.The Senate Banking Committee...

Video: Elizabeth Warren Rakes Wells Fargo Chairman Over the Coals

4 days agoTravel / Air Travel : The Gate

Elizabeth Warren — who is one of two Senators of the United States representing the state of Massachusetts — is featured in this video at the Senate Banking Committee hearing entitled An Examination of Wells Fargo’s Unauthorized Accounts and the Regulatory Response on Tuesday, September 20, 2016. Show More Summary

Wells Fargo CEO earned his bipartisan wrath

To the editor: The Senate Committee hearing made a compelling case that Wells Fargo Bank committed fraud when opening and maneuvering account services without the customer’s approval or knowledge. ( “‘You should resign’” Sept. 21, “Wells’ poor excuse for a CEO,” Business, Sept. 21 and “Wells is...

Learning from Wells Fargo - Leading with Integrity through Sensory Intelligence

by Dawna Jones, Connecting Decisions to Creating Prosperity The CEO of Wells Fargo, before the US Senate Banking Committee on September 20th, 2016, was repeatedly requested by Senator Elizabeth Warren to accept some degree of accountability for the opening of unauthorized accounts to meet sales targets. Show More Summary

‘You should resign': Elizabeth Warren excoriates Wells Fargo CEO John Stumpf

  The most anticipated face-off of Tuesday's Senate Banking Committee hearing did not disappoint: Democratic firebrand Sen. Elizabeth Warren grilled Wells Fargo CEO John Stumpf in a blistering exchange where she accused him of "gutless...Show More Summary

Wells Fargo too arrogant to own up to its fraudulent ways

``When Wells Fargo chairman and chief executive John Stumpf sat before the Senate Banking Committee this week, he represented a bank too big to fail, too sprawling to manage and too arrogant to own up to its failures... Stumpf informed the senators that what Wells Fargo did "was not a scam," disputed that "this is a massive fraud" and said he had no idea "why people did this."''

'You should resign': Elizabeth Warren excoriates Wells Fargo CEO John Stumpf

The Democratic firebrand delivered an epic grilling of Wells Fargo CEO John Stumpf at Tuesday's Senate Banking Committee hearing

GOP Wants to Cut Agency That Busted Wells Fargo

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, who...Show More Summary

Elizabeth Warren and the Wells Fargo Scam

In case there was any doubt about Elizabeth Warren’s feelings toward John Stumpf, the C.E.O. of Wells Fargo, it was cleared up on Tuesday during a hearing before the Senate Banking Committee. “Okay, so you haven’t resigned, you haven’t...Show More Summary

Warren Tells "Gutless" Wells Fargo CEO To Resign

Wells Fargo CEO John Stumpf was on the hot seat Tuesday when he faced Senator Elizabeth Warren of Massachusetts and other angry lawmakers at a Senate Banking Committee hearing designed to investigate the bank's widespread rip-off ofShow More Summary

Wells Fargo CEO Tells Congress Bank’s Culture Not To Blame

On Tuesday, Wells Fargo CEO John Stumpf testified before the Senate Banking Committee regarding the company's recent fraudulent account scandal. The post Wells Fargo CEO Tells Congress Bank’s Culture Not To Blame appeared first on Shadowproof.

Wells Fargo has one heck of a scandal on its hands (WFC)

Wells Fargo CEO John Stumpf endured a nearly three-hour questioning from the US Senate Banking Committee on Tuesday. Stumpf was constantly took to task by Senators, both Democratic and Republican alike, for the scandal in which Wells...Show More Summary

What yesterday's hilariously awful testimony by Wells Fargo's CEO portends for his future

6 days agoHumor / odd : Boing Boing

Yesterday, Wells Fargo CEO John Stumpf addressed the Senate Banking Committee about his bank's years of fraud, driven by threats of firing for low-level employees if they didn't meet unrealistic sales-targets, overseen by an executive...Show More Summary

Uncut: Elizabeth Warren tears into Wells Fargo CEO

Watch Sen. Elizabeth Warren's full, heated exchange with Wells Fargo CEO John Stumpf during a hearing of the U.S. Senate Committee for Banking, Housing, & Urban Affairs.        

Sen. Elizabeth Warren Goes Viral With Blistering Takedown Of Wells Fargo CEO John Stumpf [VIDEO]

6 days agoLGBT / Gay : Joe. My. God.

USA Today reports: Wells Fargo CEO John Stumpf told the Senate Banking Committee he was “deeply sorry” Tuesday over allegations the bank opened millions of accounts without customers’ permission in order to meet aggressive sales quotas. Show More Summary

Elizabeth Warren hammers Wells Fargo CEO

Sen. Elizabeth Warren pounded Wells Fargo CEO John Stumpf with questions over alleged fraud under his leadership at the company. She grilled him during a hearing of the U.S. Senate Committee for Banking, Housing, & Urban Affairs.        

The Obama Administration Must Prosecute Wells Fargo

Yesterday’s Senate Banking Committee hearing on Wells Fargo should have ended with CEO John Stumpf hauled off in handcuffs. In a little over two hours, Stumpf revealed enough information, combined with what was already known in public records and filings, to make a powerful case for securities fraud. Show More Summary

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