September 27, 2016
U.S. says Wells Fargo to pay $400,000 to settle charges over swaps
WASHINGTON (Reuters) - Wells Fargo Bank has settled federal charges over inaccurate large trader reports for physical commodity swaps positions...
Harsh words and a fine equaling a whopping 0.000176% of Wells Fargo's market cap ($400k / $227b) will once and for all teach senior executives that crime doesn't pay.
It's the nanoscale straw that will break the adamantium camel's back.
Heads will rofl. They always have a scapegoal in place for these types of miner emergencies.
One of my patients had a rather amusing Freudian slip: he was having dinner with his wife, and he meant to say "pass the salt", but instead he said "You've ruined my life, you blood-sucking shrew." — Niles Crane, Frasier
The Market Ticker - Upvote THIS Question! - https://presidentialopenquestions.com/questions/3457/vote/ Right there folks. Go ahead, click the link, upvote it. Maybe it gets asked. [image: smiley]
2 hours ago