12/09/2016

Sandbagging, Fraud, and a $124.6 Million Bonus for this Performance from Wells Fargo

by John Galt September 12, 2016 19:45 ET Apparently Wells Fargo has adopted this as their corporate philosophy: Yeah, it’s that bad. Via Gizmodo today: Wells Fargo Executive Linked To Scam Gets $124.6 Million Payday Yup, you read that right boys and girls. You can oversee the commitment of gross and obvious fraud against 2 million customers and get paid damned well. A brief excerpt from the article: Wells Fargo executive Carrie Tolstedt will receive a $124.6 million payday when she retires at the end of this year, despite overseeing the…


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