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October 12, 2016 04:13 pm PDT

Wells Fargo CEO John Stumpf resigns

First he was flayed by Senator Elizabeth Warren, then Congress had a go, then everyone got to gnaw on the fact that he'd done some seriously criminal stuff, then it emerged that he'd been a party to the bank's frauds since at least 2008, then we learned that his $200B bonus would be subsidized by taxpayers, then we learned that he walked through one of the bank's notorious boiler rooms every day, then his board of directors clawed back a couple million. (more…)


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/c8OojSt5K4I/wells-fargo-ceo-john-stumpf-re.html

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