LA Times: Senator Glazer blasts Wells Fargo for 'bad faith' as bank skips hearing
The Wells Fargo fraud has resulted in $185 million in penalties so far. But has the Bank taken steps to hold those accountable? My hearing of the Senate Banking Committee yesterday revealed that over 480 Branch Managers were also fired for engaging in illegal behavior. It is a bad sign when Wells refuses to show up to answer important questions as this LA Times story reviews.
You can watch the entire hearing here