Oct 21, 2016 5:53 AM
artmonger78
49811
1510
119
BCEQT
So many reasons why the U.S. is going to shit and not because gay marriage is legal now, which my grandpa believes
AnEvilGenius
Iceland also declared bankruptcy recently and the general public wants someone to hold responsible.
GingerOverlord
Hey! That's my bank.
IPromiseIAmNotTheNSA
How does a gold parachute cost $134 mil? Secondly that is a lot for a parachute that wouldn't even function properly.
madetheaccountjustforyou
The Wells Fargo CEO didn't rip off any customers. I doubt he's ever even talked to a customer.
ferdturguson
We should make the most crooked ones fight each other on some shitty reality show. Better yet, make them sing and dance badly for freedom
TheWombatStrikesAgain
Where's the guy who usually says that this could never work in America because big country and 325 million people and yaddayaddayadda?
UnspokenX
this could never work in America because big country and 325 million people and yaddayaddayadda.
jetflight
Not defending the bottom, but the upper also meant that Iceland's back to fish-based economy as investors stay the fuck away from it...
MrsZbornak
justice system in USA is horrible, just heard of a man in Montana, that raped his 12 year old daughter & only got 60 days because mom & 1
grandma told the judge their 2 sons need their father. 2
iwillmessagerandompeoplegifs
There's a petition to impeach that judge
brucebernard
The difference between a winning economy and having Donald Trump running for President.
boobcat
Iceland defaulted on loans to European countries, screwing them over, they are selfish crooks.
hikarimono
Golden parachutes are very common for executives. The wonderful world of corporate ethics
AbrasiveSasquatch
The only difference is Iceland didnt know about the bank scheme. America did and was prepared to bailout.
samrock14
Wtf America!
thomkemp
Also that two big pieces of legislation that was supposed to stop this kind of thing from happening didn't work...
NotHalfBad
Is that what all the protesters were there for?
MischievousMagpie
We're fucked
Muchbeefsodinner
It's his retirement and it's 125 million.
Xhael
Ya well our mortgage crisis was our governments fault. This shit about Wells Fargo is a witch hunt. The Community Reinvestment Act
prevented "discriminatory lending" by forcing lenders to accept high-risk borrowers on mortgage loans even though they could not afford it.
twentyfivehundred
Freedom
KlausKinski
iceland profiited of European finance for decades, then soon as the crash happened they refused to pay their debts. No excuse.
frowardd
i guess it's up to us *sigh* to kill the bankers *tiredly pulls out gun case from under bed*
wherethehorriblethingsare
Vikings don't fuck around.
bjarki
We don't
TheHardestArtery
We'll find out on Sunday!
Appel99
Iceland is assessment like that; they didn't bail out the banks, they sent the crooks to jail. What a concept.
imnicetopeopleontheinternet
Did some research - the Icelandic bankers committed crimes like insider trading, tax evasion, and a version of money laundering.
Those things would get bankers jailed in the US, too
They didn't bail out the banks because they have a population of a midsize american city. They're a shitty example.
GreatTeacherMichael
The banks weren't bailed out for the sake of the banks, they were bailed out to prevent a massive global depression that would hurt everyone
Wormbo2
Learning to use less electricity, walk a bit more and enjoy people wouldn't be all bad
LockeLongmast
Yeah but the boards and C-suites of each bank could probably have used a few years in jail as punishment for putting us in that spot.
earlywormy
While you're not wrong, A, it's not in their job description to nanny the world, and B, some things are out of their control
VoidIncarnate
Nanny the world? They were directly responsible for the financial crisis by hiding their risks and reselling them.
It isn't in their job descriptions to ensure people don't buy bad deals. It's sleazy, but it's not their job.
RepostFromLastWeek
I would've gladly eaten porridge and wood bark for 5 years if all the slimy cunts from wall street would've gone to prison.
GreatOdensWhiskers
This guy and Hillary prove if you're a rich American, you'll never go to jail
LumpyToucan
And thats capitalism
SeptemberHeisman
Bernie Madoff is in jail. Member Bernie?
magamilk
We've known this for a long time. It's just coming to a head now.
FloodingWaters
America is the land of opportunity. You can buy as much justice as you can afford!
FullGrownChild
Hey, hey, that rapist kid did like a week!
saltandsunshine
Intent to rape is not the same as rape. What is this a thoughtcrime
there was a literal mountain of evidence against him, but they decided against it to "not hurt his sports career." their actual words.
GadenKerensky
There was no 'intent', he was DOING it.
StonedLikeACheatingMuslimWoman
Legal precedent involving espionage laws being used for actual espionage proves that charges wouldn't stick anyway. Comey explained this.
mrhatnklogs
I also remember the part where he said other people would get different treatment if this happened to them.
TheThirdKindofHeat
In reference to administrative discipline or sanctions if the person was still working for State. That statement was not regarding charges.
They still shouldn't face charges. He mentioned administrative sanctions, but she's no longer SoS. It's not right but also not illegal.
cleverwords
That money sbnold go to the victims.
you are all victims of the Bank (owned by Jews) who controls the money of a country does not care who makes its laws Nathan Mayer Rothschild
MunsterZero
ShowMeYourButtonhole
Snobold? YOU NO TAKE CANDLE!
OneColdGorilla
I wondered how much he was going to get for all this.
Am I... Am I really getting downvoted for being upset the CEO of Wells Fargo gets to screw people over and walk away with millions?!
MikeMcAwesome91
Sometimes I think @sarah issues random downvotes to mess with us normies.
TakWriterOfWorlds
Anything less than total excitement is tacit approval of communism. You godless heathen. McCarthy would be ashamed.
delpharseven
General downvote fairies. You've been around long enough that you might have a few dedicated just to you.
GoogleFucker
Oooh, I have those.
But I'm nothing but sweetness and light! Unless I've had a few and then ooooh I see the problem here.
piscesdreamer
Even worse, several employees that tried to speak up had false charges put on their u5 record so they couldn't get jobs at other banks.
xSquirrelly
Meh, I bet they did some shit. I worked there. Everyone gets their hands dirty at some point.
KillingTlme
They did the shit they were told to do in order to keep their jobs. The people who told them to do it, got bonuses and severences.
DAFUQisaLOMMY
Were they false charges, or were they part of the mass of employees that were defrauding their customers?
ServantOfTheGodEmperorOfUsersub
False
It's an audio story but a good piece: http://www.npr.org/2016/10/21/498804659/former-wells-fargo-employees-join-class-action-lawsuit
velkrai
.
[deleted]
Audio story means you click the blue arrow and listen to a 7-minute story
themisfitjoe
pssst... he didn't get a severance package.
ConspicuousSpellingError
He had to sell his mansion in malibu... wait, no, the one in the Keys. My bad.
frozenpie22
He still has vested stock worth 100 million
InFin0819
Isnt that a part of his pay. A company can't take back pay when firing someone
HarryHamwallet
well considering those stocks are valued due to profits, and the profits were due to fraud, it might be a little different but i dunno
Mytittiesarekitties
They also didn't tell the employees, a few of my clients work for Wells Fargo, they found out watching the news....
GreaterDog
Makes sense though. Why issue a company-wide admission of guilt when you planned on middle management taking the fall?
True
OfMiceAndMenus
He also didn't return a penny of the MILLIONS he made from forcing his employees to rip off their customers.
I feel like you're making a parachute joke here...
GodEmperorOfImgur
Something tells me, he's not gonna be worse off anyway.
ifitseasytakeittwice
What rock are you living under?
TheContemplatorOfFate
pssst...he still got to keep his stock options
Woah, you mean he got to keep things of value that he earned? Like, what the hell man? If you made a burger wrong at McDonalds I would (1)
expect them to take back your last paycheck, why don't they do the same to him? (2)
TimmyDans
If you harmed said burger with the intent to harm that is a criminal action and immediate dismissal with potential criminal actions if you..
If you make*
SomethingWittyIDK
More like if someone orders a soda, and then you secretly charge them for 100 burgers to pad your numbers.
Make a burger that harms someone unintentionally with neglect you probably get dismissed or a talking too.
BCEQT
So many reasons why the U.S. is going to shit and not because gay marriage is legal now, which my grandpa believes
AnEvilGenius
Iceland also declared bankruptcy recently and the general public wants someone to hold responsible.
GingerOverlord
Hey! That's my bank.
IPromiseIAmNotTheNSA
How does a gold parachute cost $134 mil? Secondly that is a lot for a parachute that wouldn't even function properly.
madetheaccountjustforyou
The Wells Fargo CEO didn't rip off any customers. I doubt he's ever even talked to a customer.
ferdturguson
We should make the most crooked ones fight each other on some shitty reality show. Better yet, make them sing and dance badly for freedom
TheWombatStrikesAgain
Where's the guy who usually says that this could never work in America because big country and 325 million people and yaddayaddayadda?
UnspokenX
this could never work in America because big country and 325 million people and yaddayaddayadda.
jetflight
Not defending the bottom, but the upper also meant that Iceland's back to fish-based economy as investors stay the fuck away from it...
MrsZbornak
justice system in USA is horrible, just heard of a man in Montana, that raped his 12 year old daughter & only got 60 days because mom & 1
MrsZbornak
grandma told the judge their 2 sons need their father. 2
iwillmessagerandompeoplegifs
There's a petition to impeach that judge
brucebernard
The difference between a winning economy and having Donald Trump running for President.
boobcat
Iceland defaulted on loans to European countries, screwing them over, they are selfish crooks.
hikarimono
Golden parachutes are very common for executives. The wonderful world of corporate ethics
AbrasiveSasquatch
The only difference is Iceland didnt know about the bank scheme. America did and was prepared to bailout.
samrock14
Wtf America!
thomkemp
Also that two big pieces of legislation that was supposed to stop this kind of thing from happening didn't work...
NotHalfBad
Is that what all the protesters were there for?
MischievousMagpie
We're fucked
Muchbeefsodinner
It's his retirement and it's 125 million.
Xhael
Ya well our mortgage crisis was our governments fault. This shit about Wells Fargo is a witch hunt. The Community Reinvestment Act
Xhael
prevented "discriminatory lending" by forcing lenders to accept high-risk borrowers on mortgage loans even though they could not afford it.
twentyfivehundred
Freedom
KlausKinski
boobcat
iceland profiited of European finance for decades, then soon as the crash happened they refused to pay their debts. No excuse.
frowardd
i guess it's up to us *sigh* to kill the bankers *tiredly pulls out gun case from under bed*
wherethehorriblethingsare
Vikings don't fuck around.
bjarki
We don't
TheHardestArtery
We'll find out on Sunday!
Appel99
Iceland is assessment like that; they didn't bail out the banks, they sent the crooks to jail. What a concept.
imnicetopeopleontheinternet
Did some research - the Icelandic bankers committed crimes like insider trading, tax evasion, and a version of money laundering.
imnicetopeopleontheinternet
Those things would get bankers jailed in the US, too
Muchbeefsodinner
They didn't bail out the banks because they have a population of a midsize american city. They're a shitty example.
GreatTeacherMichael
The banks weren't bailed out for the sake of the banks, they were bailed out to prevent a massive global depression that would hurt everyone
Wormbo2
Learning to use less electricity, walk a bit more and enjoy people wouldn't be all bad
LockeLongmast
Yeah but the boards and C-suites of each bank could probably have used a few years in jail as punishment for putting us in that spot.
earlywormy
While you're not wrong, A, it's not in their job description to nanny the world, and B, some things are out of their control
VoidIncarnate
Nanny the world? They were directly responsible for the financial crisis by hiding their risks and reselling them.
earlywormy
It isn't in their job descriptions to ensure people don't buy bad deals. It's sleazy, but it's not their job.
RepostFromLastWeek
I would've gladly eaten porridge and wood bark for 5 years if all the slimy cunts from wall street would've gone to prison.
GreatOdensWhiskers
This guy and Hillary prove if you're a rich American, you'll never go to jail
LumpyToucan
And thats capitalism
SeptemberHeisman
Bernie Madoff is in jail. Member Bernie?
magamilk
We've known this for a long time. It's just coming to a head now.
FloodingWaters
America is the land of opportunity. You can buy as much justice as you can afford!
FullGrownChild
Hey, hey, that rapist kid did like a week!
saltandsunshine
Intent to rape is not the same as rape. What is this a thoughtcrime
UnspokenX
there was a literal mountain of evidence against him, but they decided against it to "not hurt his sports career." their actual words.
GadenKerensky
There was no 'intent', he was DOING it.
StonedLikeACheatingMuslimWoman
Legal precedent involving espionage laws being used for actual espionage proves that charges wouldn't stick anyway. Comey explained this.
mrhatnklogs
I also remember the part where he said other people would get different treatment if this happened to them.
TheThirdKindofHeat
In reference to administrative discipline or sanctions if the person was still working for State. That statement was not regarding charges.
StonedLikeACheatingMuslimWoman
They still shouldn't face charges. He mentioned administrative sanctions, but she's no longer SoS. It's not right but also not illegal.
cleverwords
That money sbnold go to the victims.
KlausKinski
you are all victims of the Bank (owned by Jews) who controls the money of a country does not care who makes its laws Nathan Mayer Rothschild
MunsterZero
ShowMeYourButtonhole
Snobold? YOU NO TAKE CANDLE!
OneColdGorilla
I wondered how much he was going to get for all this.
OneColdGorilla
Am I... Am I really getting downvoted for being upset the CEO of Wells Fargo gets to screw people over and walk away with millions?!
MikeMcAwesome91
Sometimes I think @sarah issues random downvotes to mess with us normies.
TakWriterOfWorlds
Anything less than total excitement is tacit approval of communism. You godless heathen. McCarthy would be ashamed.
delpharseven
General downvote fairies. You've been around long enough that you might have a few dedicated just to you.
GoogleFucker
Oooh, I have those.
OneColdGorilla
But I'm nothing but sweetness and light! Unless I've had a few and then ooooh I see the problem here.
piscesdreamer
Even worse, several employees that tried to speak up had false charges put on their u5 record so they couldn't get jobs at other banks.
xSquirrelly
Meh, I bet they did some shit. I worked there. Everyone gets their hands dirty at some point.
KillingTlme
They did the shit they were told to do in order to keep their jobs. The people who told them to do it, got bonuses and severences.
DAFUQisaLOMMY
Were they false charges, or were they part of the mass of employees that were defrauding their customers?
ServantOfTheGodEmperorOfUsersub
False
piscesdreamer
It's an audio story but a good piece: http://www.npr.org/2016/10/21/498804659/former-wells-fargo-employees-join-class-action-lawsuit
velkrai
.
[deleted]
[deleted]
piscesdreamer
Audio story means you click the blue arrow and listen to a 7-minute story
themisfitjoe
pssst... he didn't get a severance package.
ConspicuousSpellingError
He had to sell his mansion in malibu... wait, no, the one in the Keys. My bad.
frozenpie22
He still has vested stock worth 100 million
InFin0819
Isnt that a part of his pay. A company can't take back pay when firing someone
HarryHamwallet
well considering those stocks are valued due to profits, and the profits were due to fraud, it might be a little different but i dunno
Mytittiesarekitties
They also didn't tell the employees, a few of my clients work for Wells Fargo, they found out watching the news....
GreaterDog
Makes sense though. Why issue a company-wide admission of guilt when you planned on middle management taking the fall?
Mytittiesarekitties
True
OfMiceAndMenus
He also didn't return a penny of the MILLIONS he made from forcing his employees to rip off their customers.
GadenKerensky
I feel like you're making a parachute joke here...
GodEmperorOfImgur
Something tells me, he's not gonna be worse off anyway.
ifitseasytakeittwice
What rock are you living under?
TheContemplatorOfFate
pssst...he still got to keep his stock options
madetheaccountjustforyou
Woah, you mean he got to keep things of value that he earned? Like, what the hell man? If you made a burger wrong at McDonalds I would (1)
madetheaccountjustforyou
expect them to take back your last paycheck, why don't they do the same to him? (2)
TimmyDans
If you harmed said burger with the intent to harm that is a criminal action and immediate dismissal with potential criminal actions if you..
TimmyDans
If you make*
SomethingWittyIDK
More like if someone orders a soda, and then you secretly charge them for 100 burgers to pad your numbers.
TimmyDans
Make a burger that harms someone unintentionally with neglect you probably get dismissed or a talking too.