Sunday, August 26, 2018

Do as I say, Not as I do

This old adage applies quite well to Wells Fargo, which was fined $185 million because its employees created millions of fake bank accounts for customers. From 2011 to mid-2016 Wells employees created more than 1.5 million unauthorized deposit accounts and issued more than 500,000 unauthorized credit card applications. These accounts racked up $2.6 million in fees for the bank.

This paragon of virtue just closed the campaign account of Nikki Fried, a candidate for agriculture commissioner in Florida who supports expanded access to medical marijuana, after inquiring about her donors.

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