Wells Fargo CEO Fined $17.5 Million for Fake Account Scandal - Is it enough? Thoughts on INSANE OCC Report on Wells Corruption

<p><a href="https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-6.html">https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-6.html</a></p> <p>Read the OCC Report on Wells Fargo Scandal.</p> <p><br></p> <p>John Stumpf, Fresh off his <a href="https://twitter.com/BankBetterGuy/status/1216123967687118848">$9 Million home purchase "his wife" made for them in Phoenix,</a> got<a href="https://www.cnbc.com/2020/01/23/former-wells-fargo-ceo-stumpf-barred-from-industry-to-pay-17point5-million-over-sales-scandal.html"> fined $17.5 million and banned from Banking. </a>Damn, that fresh faced youngster is only 66, whatever will he do for a career?</p> <p><br></p> <p>I share my thoughts, and my parallels during my time at Bank of America, along with commenting on some of the interesting notes in the report.</p> <p>From <a href="https://twitter.com/peteschroeder/status/1220428396292902912">an exec oversold and told to shut up</a> about it, <a href="https://twitter.com/peteschroeder/status/1220427195170152449">to a veteran of war saying the stress was worse</a> at Wells, to <a href="https://twitter.com/peteschroeder/status/1220432257518882817">a threat of sending someone to a "Wells Fargo where someone was killed"</a> as a punishment for poor performance, it's all there.</p> <p><br></p> <p>Someone deserves a punch to the face! Ugh. Listen and be angry with me!</p> <p><br></p> <p><br></p> <p><a href="https://anchor.fm/dashboard/episode/ea3ugv/metadata/patreon.com/notoriousbanker"><strong><br> patreon.com/notoriousbanker</strong></a><strong> - Donate to the pod - Help Me Fight Back!!!!</strong></p> <p><strong>james@notoriousbanker.com - email if you have more info on more locations</strong></p> <p><strong>575-322-4127 - VM Line.</strong></p> <p><a href="https://anchor.fm/dashboard/episode/ea3ugv/metadata/twitter.com/bankbetterguy"><strong>@bankbetterguy</strong></a><strong> on Twitter - DM ME</strong></p> <p><br></p> <p><br></p> <p><br></p> --- Support this podcast: <a href="https://anchor.fm/thenotor