Wells Fargo CEO to reture
Click here for reuse options!The Wells Fargo (WFC) boss is out in the wake of a national uproar that erupted after regulators accused the bank of creating more than two million fake bank and credit card accounts. The company admitted to firing 5,300 workers over several years.
Stumpf’s resignation comes after Senator Elizabeth Warren publicly condemned him for “gutless” leadership at a Sept. 20 Senate hearing. “You should resign. … You should be criminally investigated,” Warren told Stumpf during a fiery one-sided exchange.
The hearing, and another similarly blistering dressing down of Stumpf before House lawmakers a week later, may have helped speed up Stumpf’s demise. While the bank CEO said he was “deeply sorry” and insisted there was no “scheme” to scam customers, he struggled at times to answer lawmakers’ questions. He often gave the impression he wasn’t fully in charge of the company.
Copyright 2016 Liberaland
6 responses to Wells Fargo CEO to reture
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anothertoothpick October 12th, 2016 at 17:55
What pisses the righty’s of more, this guy, or president Obama?
jybarz October 12th, 2016 at 18:06
Definitely President Obama!
Suzanne McFly October 12th, 2016 at 18:24
The righty’s idolize this guy.
jybarz October 12th, 2016 at 18:10
Truly sorry for this man for being forced to retire on mere millions he received for screwing people both inside and outside his bank.
Stumpf? Must be related to Drumpf!
Same con-men.
StoneyCurtisll October 12th, 2016 at 18:11
I’m not sure what “reture” means…
But I was hoping he would retire…(without the millions in pay offs)
crc3 October 12th, 2016 at 18:53
Shouldn’t that be “returd”?