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17

Wells Fargo Agreeing To A Half Billion Dollar Settlement Doesn’t Even Get Us Half Excited Anymore

By Tony Seruga

It used to be that news like this would send us into a Friday evening feeling warm and turgid with big bank schadenfreude…

Wells Fargo & Co. agreed to pay $480 million to settle a class-action lawsuit in which investors accused the bank of securities fraud related to its fake-account scandal.

But in this modern news hellscape of constant darkness, Wells Fargo paying just under half a billion dollars to settle a civil action doesn’t just fail to arouse us, it makes us literally yawn. In fact, Wells Fargo even appears to just be going through the motions of languidly whimpering “Oh, ouch…that hurts” four hundred and eighty million times…

Wells Fargo Agreeing To A Half Billion Dollar Settlement Doesn’t Even Get Us Half Excited Anymore

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