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Warren 2020

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denem

(11,045 posts)
Wed Feb 19, 2020, 01:11 AM Feb 2020

Two arrogant, self entitled, wealthy men went up against Elizabeth Warren [View all]

and both lost their heads: Timothy Sloan and John Stumpf were Wells Fargo CEOs. They resigned in disgrace.

John Stumpf left Wells Fargo & Co. with his image in tatters, lost more than $70 million through forfeitures and a clawback and now faces a government fine and a lifetime ban from the financial industry.
https://www.latimes.com/business/story/2020-01-24/wells-fargo-john-stumpf-millions

Timothy J. Sloan, the embattled chief executive of Wells Fargo, abruptly stepped down on Thursday as one of the country’s largest banks struggles to recover from a series of self-inflicted scandals ...

Senator Elizabeth Warren, Democrat of Massachusetts and a presidential hopeful, welcomed the news of Mr. Sloan’s departure. “About damn time,” she wrote on Twitter. She added, “He enabled Wells Fargo’s massive fake accounts scam, got rich off it, & then helped cover it up.”

https://www.nytimes.com/2019/03/28/business/wells-fargo-timothy-sloan.html

I remember how Sloan winced every time Senator Warren said 'scam'.

I am looking forward to Wednesday's debate.

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Me too wildflowergardener Feb 2020 #1
Love her! zentrum Feb 2020 #2
And I was NOT dissappointed. denem Feb 2020 #3
Make it three BeyondGeography Feb 2020 #4
Three down, one to go :) denem Feb 2020 #5
Debate wildflowergardener Feb 2020 #6
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