Seems wrong. Well just dont. Let me. Get to see. These things come out today. And in detroit because the trail. When something find themselves worlds apart we choose to look for common ground. The u. S. Is losing into a number one the climate denying is precluding them from the dissipating in this new economy number one and number two the effects of the Climate Change and why the catastrophes the global you know my currents that are the result of it all this other problems are hurting the u. S. Economy on the other side of the trade so youve got a double bind. Across europe municipalities are taking their water supply back from private companies. Alone even some company else with invites private companies to take over the utilities anybody tell us that opel. Missed you guys you got. Going to go. Buy been this is. The quote them out. Of or you. Locals are ready to stand up for the basic human right of access to water its about water but its also over much more than water its about the h
Customers for prepaying their car loans Car Insurance scandal Life Insurance can the whereby they overcharge customers for that and of all scandals even most recently a hundred Million Dollars settlement where they were found to have but overcharging veterans for mortgage refinancing under if you cant do anything like kick the veterans boy what a horrible thing so whats the fed going to do with regard to their assets or and so the Federal Reserve sanction is a very extraordinary one basically the Federal Reserve will be preventing wells fargo from increasing their assets beyond what they were at the end of the twenty seven thousand calendar year at twenty seventeen their assets that about one point nine trillion dollars and so until lot of wells fargo meets certain Federal Reserve. Mandates regarding Risk Management and a change in their management culture they will not be permitted to grow their assets size beyond that they also have to replace for Board Members so thats why you shoul
Should be fired. Well fargo officials testified to tepid measures to address concerns but later there was even more trouble now the u. S. Federal reserve has waited taking an action which one commenter said is putting the fear of god in bank board rooms here discusses eric reimer a former f. C. C. Official and policy commentator eric thank you for being with us first of all tell us what you make of their entire sort of nefarious actions give our viewers what wells fargo has done over the last three years to put them in this problematic circumstance and its a very multifaceted problem basically it back in september two thousand and sixteen. The o. C. C. And the boss and so the attorney revealed that wells fargo for about a decade had been encouraging or at least facilitating its a sales reps to create millions of fake accounts primarily checking accounts saving accounts credit cards for their customers that were not authorized by their customers and essentially disallowed wells fargo to
A decade had been encouraging or at least assailed hitting its sales reps to create millions of fake accounts primarily checking accounts saving accounts credit cards for their customers that were not authorized by their customers and essentially this allows wells fargo to reach sales quotas to drive increased fees and to basically bolster their bottom line that the expense of their customers it also goes on top of several other scandals the past few years that wells fargo has faced a rating from the car loan scandal whereby they did not give the rebates to customers for prepaying their car loans Car Insurance scandal Life Insurance can the whereby they overcharge customers for that and of all scandals even most recently a hundred Million Dollars settlement where they were found to have but overcharging veterans for mortgage refinancing under if you cant do anything like kick the veterans boy what a horrible thing so whats the fed going to do with regard to their assets or and so the f
Rebates to customers for prepaying their car loans Car Insurance scandal Life Insurance can the whereby they overcharge customers for that and of all scandals even most recently a hundred Million Dollars settlement whereby they were found to have but overcharging veterans for mortgage refinancing under if you cant do anything like kick the veterans boy what a horrible thing so whats the fed going to do with regard to their assets or so the Federal Reserve sanction is a very strong area one basically the Federal Reserve will be preventing wells fargo from increasing their assets beyond what they were at the end twenty seven thousand calendar year at twenty seventeen their assets to one point nine trillion dollars and so until was wells fargo meets certain Federal Reserve. Mandates regarding Risk Management in a change in their management culture they would not be permitted to grow their assets size beyond that they also have to replace four Board Members so thats why this comment about