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November 28, 2017 09:59 am PST

Wells Fargo execs sealed their bonuses by gouging the bank's business customers

Wells Fargo didn't limit its fraud to robbing 2,000,000 ordinary depositors, struggling mortgage borrowers, 800,000 car loan borrowers, mom and pop businesses, and home owners -- the bank's top foreign-exchange desk bankers robbed hundreds of the company's large business customers, in a move that inflated the Fargo execs' annual bonuses. (more…)


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/d8KAXVn4eX4/incentives-matter.html

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