http://www.nytimes.com/2016/09/28/bu...ore-ipad-share
We've gotten so use to immoral companies getting away with bad behavior, while regulators did little, that it's refreshing to see a board appear to step up and do its job of oversight, for once. Of course, Stumpf still has his job.
In full disclosure, I've been a very satisfied banking and mortgage Wells Fargo customer for decades and do not think any false accounts were created for me, and I happen to know an executive in New York who is a stand up philanthropist, so this whole scandal seems like it's happening in a criminal culture at a different institution than the one I've long enjoyed good service from. It's very disappointing.