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Demographic or social factors of people being frauded. Mr. Stumpf i do not know what the intent of these people were. To answer your question specifically, there was no racial or ethnicity difference other than the communities because we try to have people in our banks that represent the communities. We will take that off the table here. As someone who populates a district heavily populated by seniors, i am worried that wells fargo may have preyed on those that were seen as vulnerable. Mr. Stumpf because we actually first, there was no disproportionate. In fact, it was younger people, not seniors if there was any emphasis at all. Ok. To be clear, i do not think sales goals are inherently evil. Anyone who is owned a business there is a reason to incentivize. Your company forgot the most important part. Serve. He people you i am increasingly concerned that this misguided idea of success puts actual customers in the category of least concerns is perpetrated by more than just wells fargo. ....
And the vast majority of everything we do is right. Firing the highest number of people in 2013 but bragging about your presentation penetration rates in 2014. You knew it was material to shareholders and you knew it was a funny number that you fired people phony number that you five people for falsifying. Fired people for falsifying. We did not know if those were good accounts are not. We looked at 20,000 credit you fired 5300 people. He took 5300 could americans and turned them into felons with a system that you created, benefited from and drop your stock price up by bragging about your levels of new accounts. I disagree with that. Im not surprised. We have institutions that are too big to fail. We found that they were too big not to bail. Eric holder has told us that they are too big to jail saying he fears for bringing equivalent indictment. We now learn they are too big to manage, too big to regulate. It is time to break them up. The time has expired. The chair recognizes the gent ....
Demographic or socioeconomic characteristics of the people being served . First of all, and i dont know im not trying to be careful on words here, i dont know what fraud exactly. I know whats right and i know whats wrong. I dont know what the intent of all these people were. But to answer your question specifically, there was no that i understand racial or ethnicity difference other than what the communities are, because we try to have people in our banks that represent the communities. So well take racial and ethnicity off the table here. As someone who also represents a district heavily populated by seniors, im worried that wells fargo may have intentionally preyed upon those they saw as vulnerable. Do you believe seniors were purposely targeted as a result of employees stretching to meet their sales goals . In fact weve looked at because we actually capture data so we could tell that and, no, there was no disproportionate it did not in fact it was younger people, not seniors. If the ....
Advantage of customers and consumers when we had the financial crisis. I have individuals right now who are on the street, on the street, not back in their homes. They had these fraudulent mortgages. Nobody said, im sorry that we gave you these fraudulent mortgages. Were going to put you back in your home and were going to make sure that everything is ok. No one has done that for them. You havent volunteered to do that. Will wells fargo put people back in their homes . Mr. Stumpf congressman, if i could respond for a second, please. Theres no question we dont do everything right and we made mistakes. Were upping our game. Mr. Meeks so who should pay for it . Who is accountable for it . Mr. Stumpf we are going to make it right for every one of our customers. Mr. Meeks your institution is make over 22 billion yearly. Who is paying for it . Whos taking responsibility for it . Dont come tell me youre sorry mr. Stumpf were taking care every one of our customers who is impacted. Mr. Hensarli ....
Allowing the suspect to stay with them. At least two neighbors saw the attack and the aftermath. Police say a witness noticed the suspect, who was covered in blood, roaming around the building. When officers arrived, neighbors directed them to the couples home where they found the suspect. Officers also made the gruesome discoveof we spoke to a man who called 911 and tried to help, but it was too late. todd scholz witness we were trying to figure out how to get that couple out of there because there was somebody in there and of course he was armed with a baseball bat so we couldnt do much. the victims exwife also lives in the same apartment complex and says the suspect is frank interlicchia. But police have not confirmed his identity. She claims hes a heroin addict. Court records show a man with the same name has prior drug and others. karen castro witnesses say a fourth person lives in the same apartment and was also attacked but he was not badly injured. Reporting live, karen castro, ....