2016 Profits $12 billion. Like paying a penny in fines. Less than a parking ticket for "fraud". Obscene
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#WellsFargo what a pathetic institution. Diminishing the Arts and artists in their campaign, and now a corrupt joke. Boycott!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@nytimes 185 millions dollar fine, but those illegal practices netted them billions. So I guess they got shown their place.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@Teapublicanways Fines are expected and part of the business model. How about some jail time? 1 year in MD for a bad $10 check
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Quite a scam. Opening all those phony accounts increased stock value enormously. The ruse came top down. Peons get fired.
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in a related story, Wells Fargo wants a $185M bailout from the gov't.
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How much of that fine is tax deductible? And why is none going to jail?
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that fine should go to the customers.
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The true crime here is they would've made much more than 185 mill. Which means they are still net positive. So no incentive 2 stop.
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Exactly! I concur.
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I've never liked banking with
@WellsFargo been a customer 20 years and loyalty is not rewarded at all I'll be getting a new bank - 1 more reply
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They paid it from petty cash too, I bet.
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Right? Found it in the couch cushions.
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@themaytrix23 they are at it again, creating bubbles
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RT
@nytimes: Breaking News: Wells Fargo fined $185 million for widespread and pervasive illegal banking practices http://nyti.ms/2cJdNuWThanks. Twitter will use this to make your timeline better. UndoUndo
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A good flogging Then sack them all. After seizing all assets business and personal. Company disbands Then they beg our forgiveness
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