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  • You squeezed your employees to the breaking point, so they would cheat customers and you could drive up the value of your stock and put hundreds of millions of dollars in your own pocket. And when it all blew up, you kept your multimillion-dollar bonuses, and you went on television to blame thousands of twelve-dollar-an-hour employees who were just trying to meet cross-sell quotas that made you rich. This is about accountability. You should resign. You should give back the money you made while this scam was going on.

Monday, 17 September 2018 / Published in Corporate Responsibility, Ethics

You squeezed your employees to the breaking point, so they would cheat customers and you could drive up the value of your stock and put hundreds of millions of dollars in your own pocket. And when it all blew up, you kept your multimillion-dollar bonuses, and you went on television to blame thousands of twelve-dollar-an-hour employees who were just trying to meet cross-sell quotas that made you rich. This is about accountability. You should resign. You should give back the money you made while this scam was going on.


Elizabeth Warren, Senate Banking Committee hearing with Wells Fargo CEO John Stumpf, Sep 20, 2016

Tagged under: Corporate Responsibility, Ethics

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