Weekend Sept 17, 2016
Congress turns up th eheat on WFC, suggesting incentive pay be disgorged.
We have been following this story and it is certainly not getting any better for WFC.
A letter write to the WSJ suggests that managers who urged bad practices cost the WFC shareholders money, to be sure.
But as I say this all follows a sad pattern of failure of the Tone at the Top, which another letter writer notes seems to be lacking at WFC.
No doubt there will be lively comments when the CEO appears before Elizabeth Warren this Tuesda.
Professor Elam 
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