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Discussion » Questions » Legal » Wells Fargo gets away with murder. Why isn't someone going to jail?

Wells Fargo gets away with murder. Why isn't someone going to jail?

The CEO committed big crimes. People lost their credit. Much damage was done. Then the CEO gets a raise. Above the law?

Posted - September 23, 2016

Responses


  • 691

    This bank has donated millions to the clinton foundation and the clinton campaign and the democrat party and they've paid directly bill and hillary hundreds of thousands or maybe millions of dollars. No one will go to jail until we get rid of the corrupt politicians.

      September 23, 2016 11:01 AM MDT
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  • 2500

    Above what law?

    Apparently the bank didn't break any criminal laws (with the possible exception of some labor laws, but even that's "iffy).

    The banking laws as they stand now provide for no criminal penalties. Dodd-Frank only provides for a "you gotta share the spoils with us, the Federal government, if we catch you" provision with a wink and a nod. Any losses and fines just get passed on to the customers and, sometimes, the stockholders. And if you don't like it you can take your business to another ban . . . oh, wait; they're all the same now.

      September 23, 2016 11:24 AM MDT
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  • 503

    What crimes did the CEO commit ???

      September 24, 2016 7:26 AM MDT
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  • 2515
    @Salt and Red Pepper, apparently you haven't read about the "criminal laws" they have broken, including bank fraud and employee abuse. If you and I broke these laws, we would go to jail.
    Check out this link: Vaughn's Summaries---Lawsuits Against Wells Fargo Bank, about 103 cases filed. It tells you what they were for and how much Wells Fargo had to pay in fines, from 2007-2016.
      September 24, 2016 9:34 AM MDT
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  • 22891

    what did they do?

      September 24, 2016 4:18 PM MDT
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  • 5808

    weird 

    all of it

      September 24, 2016 4:26 PM MDT
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  • 1326

    Of course! In a nutshell when you're born into privilege there will be many perks. they fail  to take into mind the words found at galatians 6:7 "do not be misled: God is not one to be mocked. For whatever a person is sowing, this he will also reap; because the one sowing with a view to his flesh will reap corruption from his flesh."

      September 26, 2016 4:20 PM MDT
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  • BIGGER YET, HOW IS NOBODY TALKING.ABOUT THAT!!??
    AMAZING!
    Did you hear that Angelina Jolie Filed for divorce?
    VOTE NOT TRUMP!

      September 26, 2016 4:35 PM MDT
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  • I don't think understand what's really going on there!
    VOTE NOT TRUMP!

      September 26, 2016 4:37 PM MDT
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  • You're right salt.

      September 26, 2016 4:38 PM MDT
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  • Those do not refer to the issues being discussed now.

      September 26, 2016 4:39 PM MDT
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  • They lied about how big their company really was. People thought they were really valuable, And paid a lot of money for their shares. When in reality they weren't worth that much.

      September 26, 2016 4:41 PM MDT
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