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View Full Version : Top Fed official likens Wells Fargo fraud to mortgage crisis - CNNMoney



FraudNews
03-21-2017, 06:11 PM
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CNNMoney (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEmuheCYqFFLsf7UyB4KDYy8KBIoQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779426295837&ei=6mzRWLC6EdjE3QHZ_5-ICg&url=http://money.cnn.com/2017/03/21/investing/wells-fargo-bill-dudley-sales-goals/)


Top Fed official likens Wells Fargo fraud to mortgage crisis (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEmuheCYqFFLsf7UyB4KDYy8KBIoQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779426295837&ei=6mzRWLC6EdjE3QHZ_5-ICg&url=http://money.cnn.com/2017/03/21/investing/wells-fargo-bill-dudley-sales-goals/)
CNNMoney
The notorious sales goals at the heart of the Wells Fargo scandal bear similarities with the flawed compensation systems that fueled the mortgage crisis, a top Federal Reserve official said. The "widespread fraud" at Wells Fargo shows the "powerful ...

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