Comment on Wells Fargo CEO told his bank is a 'criminal enterprise' on Capitol Hill (Video)

Wells Fargo CEO told his bank is a 'criminal enterprise' on Capitol Hill (Video)

Members of Congress appeared to have a better grip on what's rotten at Wells Fargo than CEO John Stumpf did as he testified Thursday before the House Financial Services Committee for more than four hours. Rep. Gregory Meeks described Wells Fargo under Stumpf's leadership as "basically a criminal enterprise" that reflects poorly on the rest of the industry. Meeks joined a growing chorus calling for Stumpf's resignation.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News