Is There Any Level of Criminality That Could Get a Big Bank Shut Down? Probably Not
via Mark Nestmann: Call me crass, but I wasn’t shocked to learn last week that Wells Fargo & Company (WFC) had agreed to pay a $575 million fine to settle claims by all 50 states related to bogus account openings and forcing unneeded insurance policies on consumers with auto loans. That’s on top of the $1 … Read more