Saving face?
We’ve mentioned Wells Fargo several times on this blog. Most recently, I mentioned them in my Thinning the Herd post on October 10th and touched on their expected 10% employment reduction by the year 2022. Today they make headlines again (TWICE in fact), and for very different reasons. The first: Their commitment of $1.6 billion to help revitalize Washington D.C. The second: They’ve been ordered to pay $65 million for lying to investors about fake accounts. Let’s start with t