Thread regarding Wells Fargo & Co. layoffs

Tolstedt got PROBATION

I’m livid. Effing livid.

by
| 2443 views | | 19 replies (last September 16, 2023) | Reply
Post ID: @OP+1oCunXVV

19 replies (most recent on top)

Why is this shocking to anyone? Theft has been decriminalized in this country. Read some articles on "shrinkage" in retail. It's truly massive in scale. The fun part is, it's been intentionally set in motion by the same guys in DC that claim to 'care about the little guy'. Enjoy the inflation.

by
| | Reply
Post ID: @1qox+1oCunXVV

Totally ridiculous!! She should go to prison and enjoy the fruits of her crime!

by
| | Reply
Post ID: @1huc+1oCunXVV

Wells Fargo executives never fail to disappoint people. The worst offenders in the banking industry.

by
| | Reply
Post ID: @1uyt+1oCunXVV

Absolutely freaking ridiculous. She should be in prison. She ruined thousands of lives and careers. Total sc-mbag.

by
| | Reply
Post ID: @1jmm+1oCunXVV

Wells Fargo executives, the most hated bankers in America. Hated by their customers, hated by their own employees, and hated by the government. How low can they go? Sc-mbags of the earth.

by
| | Reply
Post ID: @1ior+1oCunXVV

Let's see. Woman, 63 years old, retired, no record.
She got 60 mil from those years running things. Paid what was it- 18 mil in fines or something. WF clawed back 60 mil or 65, whatever.

So, let's say if I embezzle money from WF, get caught, negotiate a deal and pay them a huge fine, WF claws back what I took, and I will get probation?

I don't think Vegas oddsmakers would take that bet.

by
| | Reply
Post ID: @1ipl+1oCunXVV

I am so proud of Carrie and the way she conducted herself in court. She is such a nice lady and deserves a second chance and this is what is best for her and her family.

by
| | Reply
Post ID: @1uto+1oCunXVV

Wells Fargo is a hot mess. It has only itself to blame
https://www.cnn.com/2020/07/15/investing/wells-fargo-bank-dividend/index.html

by
| | Reply
Post ID: @utd+1oCunXVV

You mean what everyone assumed would happen, happened? Yet you are surprised?

by
| | Reply
Post ID: @gdc+1oCunXVV

Uh oh, a redundant, obsessive post...

by
| | Reply
Post ID: @yyl+1oCunXVV

People could have quit

by
| | Reply
Post ID: @oiq+1oCunXVV

The charge was for obstructing an exam - so essentially lying to the government. I’m sure the regulators will take it in stride that she got off so easy and not be at all tougher on the bank.

by
| | Reply
Post ID: @wpb+1oCunXVV

Unbelievable

by
| | Reply
Post ID: @czb+1oCunXVV

of course she did...and she's got enough $ she won't need to worry UGH!

by
| | Reply
Post ID: @bjp+1oCunXVV

The rich never pay for the evil they do.

by
| | Reply
Post ID: @pgj+1oCunXVV

This is disappointing. She is a savage. It was she who demanded pushing retail bankers miles beyond their capacity so that they looked for cheats and shortcuts.

by
| | Reply
Post ID: @dtx+1oCunXVV

Poor Martha had it worse.

by
| | Reply
Post ID: @vfp+1oCunXVV

what a joke. Even with clawbacks and being banned from banking, I'm sure she's plenty comfortable

by
| | Reply
Post ID: @bpc+1oCunXVV

My weekend is is ruined

by
| | Reply
Post ID: @mej+1oCunXVV

Post a reply

: