Some Wells Fargo Executives Resign Including the CEO Over Fake Account Scandal

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A couple of Wells Fargo executives resigned over the fake account scandal including the chief executive officer Jonathan Stumpf and from the board of directors the corporate responsibility officer Federico Pena resigned.

http://www.reuters.com/article/us-wells-fargo-accounts-pena-idUSKCN12O005

http://www.latimes.com/business/la-fi-wells-fargo-stumpf-resigns-20161012-snap-story.html

Stumpf has resigned from the board of directors at Target and Cheveron as well.

http://www.cnbc.com/2016/10/18/former-wells-fargo-ceo-resigns-from-boards-of-chevron-target.html

Note:The corporate responsibility officer Federico Pena was the mayor of Denver at one time.
 

Heeheehee, I used to work for them at the bottom of the food chain as a security guard. Such an ineptly run organization that "Wells Fargo" is me and hubby's catch phrase for major security breeches.
 
Glad to hear that. The big guys at the top too often get off with a slap on the wrist while those lower on the totem pole lose their jobs or suffer serious consequences. I can't help but think that Elizabeth Warren's grilling of Stumpf played a big part in the outcome. I would not want to be on her wrong side! https://m.youtube.com/watch?v=sOBmn0xU7wY
 
So sad for those poor execs having to resign with only their millions and millions of dollars in assets and their meager little multi million dollar per year golden parachute incomes to survive on.

Just makes you want to cry.

For who though, is the question.
 

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