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Elroy Jetson

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Elroy Jetson

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Monday, 10/17/2016 12:30:06 PM

Monday, October 17, 2016 12:30:06 PM

Post# of 110155
Former Wells Fargo Chairman and CEO John Stumpf sold $61 million worth of Wells Fargo shares in the month prior to settling the long-running investigation that charged the bank with falsifying millions of customer accounts to boost sales and fees.

The following month, when regulators announced on Sept. 8 that they’d fined Wells Fargo $185, the company’s stock price plunged.

We've run out of other people's Social Security taxes needed to subsidize our low income tax rates.

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