InvestorsHub Logo
Followers 224
Posts 31851
Boards Moderated 4
Alias Born 10/10/2005

Re: Garyst post# 1189

Monday, 09/26/2016 2:31:09 PM

Monday, September 26, 2016 2:31:09 PM

Post# of 1943
This scandal will cost WFC dearly. Sad thing is that the shareholders suffer--and the management still takes home their fraudulent pay.

Get caught for doing fraud? No matter, we will pay a fine of $185 Million (just don't touch management's pay). But the "we" in this case of paying the fine are shareholders.

Let's get management to give up all the compensation and bonuses paid out over the length of the fraud. Fine THEM. And leave the shareholders whole.

And the minimum clawed back from mgmt should be at least to pay the fine.

JMO

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent WFC News