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View Full Version : In your faces you stupid fucking rubes!



midnight rambler
14th September 2016, 05:59 PM
Wells Fargo gives executive who supervised division which did all the fraud a $125,000,000 golden parachute for a job well done. Crime pays!!!

http://www.zerohedge.com/news/2016-09-12/supervisor-massive-fraud-wells-fargo-leaves-bank-125-million-bonus

Cebu_4_2
14th September 2016, 06:04 PM
Is this abnormal?

Glass
14th September 2016, 07:13 PM
Wells Fargo gives executive who supervised division which did all the fraud a $125,000,000 golden parachute for a job well done. Crime pays!!!

http://www.zerohedge.com/news/2016-09-12/supervisor-massive-fraud-wells-fargo-leaves-bank-125-million-bonus

there was no incentive for employees to do bad things BUT they are going to remove employee incentives

So it was the employees fault anyway. She didn't do anything.

Wells Fargo CEO Throws Employees Under The Bus: "There Was No Incentive To Do Bad Things"

Earlier today we reported that as a result of the public (and market) outrage following news that Wells Fargo rewarded Carrie Tolstedt, the head of the group that was recently exposed as creating some 2 million fake credit card and bank accounts so it could churn late fees, and was in charge of what the bank's employees called "sandbagging", was leaving the bank with a $125 million package, this morning a panicked Wells Fargo said that it would eliminate all product sales goals in retail banking, starting next year.

The Hedge of Zero. (http://www.zerohedge.com/news/2016-09-13/wells-fargo-ceo-throws-employees-under-bus-there-was-no-incentive-do-bad-things)