• NaibofTabr
    link
    fedilink
    English
    arrow-up
    9
    ·
    edit-2
    7 months ago

    The Wells Fargo model.

    Regulators said Tolstedt and the bank’s former CEO, John Stumpf, bragged to investors about the scale of the community bank’s open accounts, despite the fact that millions of accounts were fabricated by employees trying to meet unrealistic sales goals set by management.