El Coyote Gordo (supergee) wrote,
El Coyote Gordo
supergee

The stagecoach that robs you

Wells Fargo Bank employees were caught making up over a million fake accounts. Top management was shocked, shocked at this behavior and has no idea how it could have happened (spoiler: they fire people who don’t churn up enough business). A Senate committee is looking into it and has achieved rare unanimity; even Diaper Dave Vitter and Pat “Sock It” Toomey noticed something was wrong. Senator Professor Warren is of course doing the best job on it. Charles Pierce reports.
Tags: banksters
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