the Wells Fargo Scandal.. Not Unusual

[PeterBota]

The corrupt criminal warren Buffett is behind this

[Lkiral]

I like it when the humans run my money through their machines, I can count the money 6 times and still feel like I'm giving them more than I wrote on the deposit slip.

[gnadfly]

I use the ATM and their phone app to deposit checks.

Whenever I stand in line at the Post Office or Bank I feel like an idiot.

[Racer66]

Tony is right. Someone needs to go to jail This is fraud in the banking system.

[Chung Tran]

Originally Posted by gnadfly

Whenever I stand in line at the Post Office or Bank I feel like an idiot.

me too, the bank especially.. waiting a long time to be processed to get or deposit my money, while a tv monitor broadcasts my live image back to me, warning me not to get out of line!

[pyramider]

Originally Posted by Chung Tran

ATM fulfills many of my needs.. oh wait, I forgot the subject matter!

I have not gone the ATM deposit route just yet.. yeah, I know this is 2016, the machine takes a photo of the check.. but.. give me time, I was one of the last flip phone people too, LOL

I saw today that WF is eliminating sales goals December 31.. while the sales Supervisor will retire that day with a $125 million bonus!

http://www.zerohedge.com/news/2016-0...-million-bonus

The $125M is not a bonus, or golden parachute. Its the value of unclaimed options she has earned over her career. It will be difficult for WF to cancel or pull those old options back.

[Chung Tran]

Originally Posted by pyramider

The $125M is not a bonus, or golden parachute. Its the value of unclaimed options she has earned over her career. It will be difficult for WF to cancel or pull those old options back.

okay.. ironic that those options are so damn valuable.. their issuance alone is a conflict-of-interest, naturally she is inclined to cheat and steal to boost the stock price.

hopefully a gang of short-sellers will drive Wells Fargo to single digits by the time those options are optionable.

or better yet, jail the Bitch, and let her have a small commissary stipend.

[darkwader]

it's ironic in a way - WF was one of the very few banks that came out 2008 banking crisis smelling like roses only to smell like shit now. same with banco santander....it's like they've decided hey we're holier than thou and that gives us license to steal. I always disliked WF - interest on loans and fees are quite high compared to rest of industry. I moved my business accounts to capital one and personal accounts to chase few years ago and am much happier...

[pyramider]

Originally Posted by Chung Tran

okay.. ironic that those options are so damn valuable.. their issuance alone is a conflict-of-interest, naturally she is inclined to cheat and steal to boost the stock price.

hopefully a gang of short-sellers will drive Wells Fargo to single digits by the time those options are optionable.

or better yet, jail the Bitch, and let her have a small commissary stipend.

I agree on jail time. When the starched shirts start ending up in prison then they will follow the law. I find it hard to believe that WF is the only mega banck doing this ...