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Wells Fargo Management Turned a Blind Eye to the Creation of Fake Accounts
With Sales Abuses Dating Back To 2002, Wells Fargo Board Claws Back $75 Million More From Executives Responsible Maggie McGrath In an attempt to atone for having created millions of bank and credit card accounts without customer permission or knowledge, Wells Fargo installed a new chief executive, reformed its sales incentives and clawed back more than $60 million in stock awards from the executives deemed responsible. And it’s not stopping there. On Monday, following the publication... -
John Oliver Takes Aim At Credit Reports In ‘Last Week Tonight’
John Oliver Takes Aim At Credit Reports In ‘Last Week Tonight’ Lauren Gensler with Forbes Magazine recaps John Oliver’s roasting of Credit Reports and the companies responsible. On Sunday, John Oliver took aim at the credit industry on his show Last Week Tonight, lambasting the credit bureaus for allowing so many mistakes on credit reports. According to a 2013 FTC study, one in 20 people have a substantial error on their credit reports....
