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Wells Fargo Reshuffles Board With Scandal-Ridden Insiders

17-8-2017 < Blacklisted News 41 89 words
 

Wells Fargo, the current poster child for corporate crime recidivism, announced that three of its board members would step down at the end of the year, in a nod to the company’s many incidents of customer abuse. But, in an example of what passes for accountability in the modern age, they did not claw back any compensation from those board members. Instead, the departing board members were allowed to take an early retirement. And the replacements are either already on Wells Fargo’s payroll, or come from close corporate partners.

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