Mortgage Professional America forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Wells Fargo board considering ‘clawbacks’ of executive pay – report

Notify me of new replies via email
Mortgage Professional America | 27 Sep 2016, 12:23 PM Agree 0
Wells Fargo is considering demanding the return of compensation by its CEO and a controversial former executive in the wake of a fraud scandal, according to reports
  • T | | 27 Sep 2016, 01:22 PM Agree 0
    $125 million payday on fraudulent activities - they better do more than consider claw back. Claw it all back - when you steal from a person or a company, you don't pay back a portion of what you stole, you pay it all back and/or go to jail.
  • gh | | 27 Sep 2016, 02:00 PM Agree 0
    After Obama allows the big banks to bilk the middle class , steal our equity and work with not only no overhead but different standards than Brokers they like the sponsor of the Dodd Frank think they can simply retire with a small fortune. Seems like old politics and nothing new from Hillary yet more unrealistic and unfair government restrictions to strangle the economy . These others have different standards for themselves. DO not let them take away our right to bear arms or be selective. Maybe Washington should stop trying to rule our lives when they cannot balance a budget and do horrible things like making citizens of terrorists and illegals that should have been deported.

    People do not forget our brave soldiers and citizens that ave their lives at Bengazi and again Hillary totally responsible for the lies and which lead to the untimely deaths. How about the 100 million the Clintons have as a result of AMerican Poloicies from foreign countries .
  • Joo Wehage | | 27 Sep 2016, 04:09 PM Agree 0
    The initial $185 million should have been paid to the WF customers whom the fraud was perpetrated on. Why did the government take those funds? Maybe "We the People" should claw back from the government those funds that rightly belong to others.
Post a reply