Dana Milbank: Wells Fargo — Too big to fail, too arrogant to admit it

Washington Post‎ – The 2008 financial collapse was eight years ago this month — and the big banks are back to their old shenanigans.

Venerable Wells Fargo has engaged in behavior that would have made a robber baron blush: It pressured low-wage workers with unrealistic sales targets, so these workers created 2 million bogus accounts over five years, causing customers to be hit with fees and damage to their credit ratings. Some 5,300 workers have been fired and $185 million in penalties assessed to the bank, but not a single high-level executive has been sacked or even forced to give back the tens of millions of dollars in pay earned based on the fraud….

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