Aug
15

Wells Fargo Shows Erosion of Corporate Accountability Under Trump

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There is an adage that “it’s better to ask forgiveness than it is to get permission.” In the world of corporate misconduct, it seems that there is even less need to beg forgiveness these days as the government scales back how much it will police companies that appear to have violated the law.

There may be no better recent example of how a corporate culture devolved into an almost preternatural focus on expanding the bottom line at the expense of customers and the law than Wells Fargo. [Full disclosure: My home mortgage is with the bank.]…

Wells Fargo Shows Erosion of Corporate Accountability Under Trump

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Categories : Finance

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