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Homework answers / question archive / have they lost? Losing the status of fiscal agent for the State of California, is a major loss for Wells Fargo

have they lost? Losing the status of fiscal agent for the State of California, is a major loss for Wells Fargo

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have they lost? Losing the status of fiscal agent for the State of California, is a major loss for Wells Fargo. Employees did what they were told to save their jobs, and ended up losing their jobs anyway. What a horrible disservice Wells Fargo fraudsters have provided.

In your analysis, I see Mr. Stumpf, the CEO, is still employed though he will, as you state, lose 40 million in unvested stock awards, possibly his bonus and a reduction in salary. Why is he still employed? Any other person who commits fraud is fired. I see they are asking for him to resign, but he committed fraud, all bets are off. Would you ever trust Mr. Stumpf or Wells Fargo again? I wouldn’t.

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