In The News

Wells Fargo Acted Like Another Bad Corporate Actor: Enron

The California bank refused to appear before Sen. Glazer's Banking Committee

When Wells Fargo refused to appear before my Senate Banking & Financial Institutions panel to answer questions about their scandal, they reminded me of another bad corporate actor: Enron, the last corporation that refused to testify at a Legislative committee. Wells Fargo must come clean about the system they fostered for cheating customers. I wrote about this in today's San Francisco Chronicle.