Rita MooreDec 21, 2022

"Rinse and repeat."
Penalties levied against the bank for mistreating customers and investors = $6.2B since 2016 and almost $20B since the financial crisis.

Genuine Qs: Why does Wells Fargo still exist? Why has no one been prosecuted? #TooCorruptToFail
https://www.nytimes.com/2022/12/20/business/wells-fargo-consumer-loans-fine.html?smid=tw-share

Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations

The settlement, which includes the largest fine ever imposed by the Consumer Financial Protection Bureau, allows the bank to resolve claims that it had harmed millions of consumers since 2011.