Wells Fargo was long seen as the 'golden child' of banking. But former employees detail the ruthless and fraudulent practices that fueled its growth.
America's biggest bank is in hot water...
Well Fargo's employees at bank branches across the country opened millions of illegal accounts, and they did it by using ...
They knew it was happening. They did nothing about it.
The bank says it was the work of a small minority of employees , some bad apples who have been fired.
The bank destroyed their careers after they tried to report wrongdoing.
They're the ones committing fraud, and you're reporting it. Why would you get fired?
It was because I had exposed the fraud.
Public demonstration, "Hell no, they have got , to go! Hey! Hey! Ho! Ho!
They said we were just bad apples. We are not apples. We did not make millions you did.
THE WAGON WHEEL.
The committee will come to order. This hearing is entitled
"Holding Mega Banks Accountable."
Mr. Slone , please stand and raise your right hand.
Yesenia: Growing up, me and my twin sister always wanted to be bankers. And if not a blanket, a dentist. And so my dad used to buy us at garage sales adding machine the ten-key, so we were pretty good typists. We'd have, like , fake money, and we count it. We wanted to dress professional. You know, have , like cute little scarves , or, you know, high heels , and we wanted to be behind a desk and just be a banker.
I started as a teller at a community bank. St. HELENA is in the heart of Napa Valley, and a lot of wine workers would come to the bank, cash their checks and go home. I started taking the time to educate them that, you know, it's better if you have a checking account. You can deposit your funds, you can write a check pay your bills, and then you're done.
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