November 12, 2016

Warren Buffet Comes Out Blaming Wells Fargo’s John Stumpf for “Hell of a Mistake” on Accounts Scandal

Bank Investigations

Breaking his previous silence on the Wells Fargo banking scandal, business magnate Warren Buffett has stated in an interview with CNN that former Wells Fargo & Co. Chief Executive Officer John Stumpf bears blame for the bank’s incentive system that encouraged staff to set up fake accounts and then exacerbated the bank’s rampant fraud by…

Read More