The Wall Street Journal (3/14/19) reports that Wells Fargo CEO Timothy Sloan received (note I did not use the verb “earned”) “$18.4 million in compensation for 2018, including a $2 million incentive award.”WOW! Can you believe #1 that level of compensation and #2 in the face of all the illegal and anti-consumer practices of that…
Category: Wells Fargo
Time to leave Wells Fargo after one more scandal
It is LONG past time for consumers to leave Wells Fargo Bank after one more revelation of customer mistreatment to enhance the bottom line. This time the bank has admitted charging 570,000 of its customers for auto insurance that duplicated coverage they were already paying for, causing financial strain that resulted in many to lose…