Send a Tweet
Most Popular Choices
Poll Analyses
Share on Facebook 8 Share on Twitter Printer Friendly Page More Sharing
General News    H3'ed 9/22/16

Wells Fargo's Business Model is Fraud;by Bernie Sanders

Author 40790
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (23 fans)

banksters | Lionheart GB
Copyrighted Image? DMCA

'Let’s be clear, the business model of Wall Street is fraud. In my view, there is no better example than the recently-exposed illegal behavior at Wells Fargo.The CEO of Wells Fargo admitted today that he knew in 2013 the bank was scamming customers, but he took no action to fire or reprimand the senior executives in charge of supervising this activity. Instead, they were given millions in bonuses, while the value of the stock that the CEO owned shot up in value by more than $200 million. Wells Fargo’s abuse of its customers is not an aberration.  The American people cannot understand how major banks paid more than $200 billion in fines and settlements since 2008, but not one Wall Street executive was prosecuted. That has got to change.'

Read the rest of the story HERE:

At medium.com

 

Must Read 1   Well Said 1   Valuable 1  
Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Other Series: View All 860 Articles in "Access: the POWER of MONEY"

Other Series: View All 612 Articles in "lies & propaganda:: the rant"

To View Comments or Join the Conversation: