There goes another $3.7 Billion to CFPB. I thought all the know it all hot shots Chuckie was hiring from JPM would get it all turned around!?? I feel duped. Shareholders getting hosed.
Why they don't just close the bank down by now is beyond me. Shut the doors.
What is going on in Corporate Risk? DF has been in seat for almost a year and he’s a lifer. PD has been in her compliance role for 2.5 years. And they have huge teams. When are they going to make real changes?
G Busey here… A little Foxworthy is appropriate at this time:
You know you’re an overpaid CEO IF… (fill in the blank)
@1iio. 90% of the company doesn’t get a bonus. We just want a decent raise that keeps up with the cost of living..
That definitely isn’t happening either.
@1iio. And of course you know the guy who was SUPPOSED to clean things up will get HIS bonus that he doesn’t deserve.
That $3.7B divides out to over $15k for every employee at WF. So if you don't get your bonus, now you know why.
It's just too funny how poorly our leadership performs. It's clear from yet another fine that things are not getting done to the government's liking. It's time to replace Charlie with someone who has the skills needed to fix things and not lie about what progress is.
Yes meanwhile they pass all the pain down to us in the form of cuts, no hiring, no nothing. Sucks
Time for new leadership to go for failing to fix things or at least show demonstratable progress.
It’s almost as if the Consumer Lending audit team isn’t competent. Hmmmm
that's EXOTIC and great news
It would be one thing if these were sins of the distant past but oh no.....some of this happened this year.
At this point, the parts have to be worth more than the sum.
Time to break up this criminal enterprise.
I don't follow others. I creatw my own threads. I'm a Dinosaur.
Love,
OP
I hear ya. Did you look at the two most recent threads and think - nah, my comment doesn't fit there, it needs its own thread!?!?!
we've known this was coming for a while, nothing new. charlie will of course pass the buck and say he wasn't here when this happened and is helping to clean up shop.
Chainsaw framed it as “progress” in the email announcement