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

in #banking7 years ago

They hire almost all young people, not that young people do not need jobs. They do. The Millennials are underemployed. They hire college grads, paying most of them low wages. But that algorithm thing just sounded like a way to get new salespeople to assume the sale. It is actually hard to make yourself do that at first, but it works. If you ask everyone religiously, amazingly, you sell something every day or almost every day. You have to do it over and over and over and over again, finding a charming way to do it that does not annoy customers. Well, it will annoy many of them, and you have to learn to not be cowed by that, while still being respectful to them. The algorithm just forced the salespeople to do it. Because, they could not get to the service screens without offering the customers a product. I really do not see the criminality in that. The Fake Accounts were different, and that Foreign Exchange Bank thing sounds bad.