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RE: Wells Fargo Crashes After Fed's Shocking Crackdown Bans Bank From Growing

in #banking7 years ago

After what Wells Fargo did, those a-holes deserved punishment far more severe than this, but at least this goes beyond the typical, tap on the wrist fine that's easily paid usually doled out to banks. It would be great if the regulators got serious about holding banks and their management teams accountable. But after seeing bankers get off scot-free after causing the 2008 financial crisis without having to serve jail time I'm skeptical there will be real accountability in the financial industry, which has more or less taken over our government.