Thread regarding Wells Fargo & Co. layoffs

Serious Question! Wells Scandals

It was in the news last week that 3 of the 8 (who are not great) former WF executives that were fined by OCC in 2020 got reprimanded by an OCC administrative judge who recommend that they pay their fines (like the others already did). For some, accountability is a tough pill to swallow and that is a key reason for the sale practices scandal because nobody had an accountability for it until sh-t hit the fan on it in summer and fall of 2016.

How come none of the last 3 CEOs ever apologized to current and former WF employees for all these embarrassing scandals that were not just an embarrassment to WF, but to everyone who works there?! I thought as a CEO you were supposed to be a leader, compassionate, relational, thoughtful and accountable for how your actions (or inactions) impact your people. It's too bad none of them had the pair of oranges to apologize to the employees that have a sh-t stain on their resume because of even being associated with the company that had this nonsense going on. The fines were not enough, there are some people that should be in the federal penitentiary for it.

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| 1395 views | | 5 replies (last December 13, 2022) | Reply
Post ID: @OP+1ka1znep

5 replies (most recent on top)

You are so fragile that you need some random guy that you've never met to apologize?

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Post ID: @evj+1ka1znep

They will just hire 50 more oversalaried people for the risk team and mandate more BS training.

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Post ID: @ccx+1ka1znep

They will not apologize, just place blame. They will just make you take more mandatory training that is not related to everyone's jobs!

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Post ID: @chx+1ka1znep

Somewhere out there a tree is working very hard to replace the oxygen you consume.
Now go apologize to it.

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Post ID: @wgg+1ka1znep

I guess you forgot when Stumpf then Sloan actually blamed the people you expected them to apologize to. The Lead Council guy who stepped in after Sloan until they hired Scharf was a good guy in the wrong place at the wrong time.

Di-k Kovacevich is like - Wells Who? Fun note on him - he was the originator of 8 is great at Norwest, based in Minneapolis, before they merged with WFC. The other bank recently grilled for fake accounts? US Bank with HQ in….you guessed it, Minneapolis. Seems not all his students stayed on the stagecoach.

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Post ID: @joz+1ka1znep

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