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Tag "Wells Fargo"

Wells Fargo faces massive new scandal

Wells Fargo’s hopes that a $142 million June settlement of a class-action lawsuit over its agents creating up to 2.1 million unwanted checking, savings and credit-card accounts from 2011 to 2015 would end the iconic California company’s headaches have been

CalWatchdog Morning Read – November 29

CalWatchdog Staff November 29, 2016

Mr. Issa goes (back) to Washington Democrats grab legislative supermajorities Police-reform spotlight shines on the local level CalPERS misses Wells Fargo warning signs Startup aims to end dial-for-dollars How CA became so blue Good morning. Happy Tuesday. The Associated Press

CalPERS knocked for missing Wells Fargo warning signs

Chris Reed November 29, 2016

Critics of Wells Fargo’s scandal are raising questions about why the California Public Employees’ Retirement System — which for three decades has demanded that corporations it invests in must operate under a clear ethical code — didn’t question illicit banking

CalWatchdog Morning Read – November 28

CalWatchdog Staff November 28, 2016

Voters choose to speed up death penalty cases Pension tweaks not working Myths about homelessness Bay Area Democrat pushing for normalized relations between U.S. and Cuba Trump tweets voter fraud allegations, but no proof Good morning! You may not have

Attorney General Harris conducting investigation of Wells Fargo

James Poulos October 31, 2016

Attorney General Kamala Harris has joined the growing pile-on against Wells Fargo’s improper business dealings. “California’s attorney general is conducting a criminal investigation into whether employees at San Francisco-based Wells Fargo bank stole customers’ identities in the sales practices

CalWatchdog Morning Read – October 20

CalWatchdog Staff October 20, 2016

Very brief debate recap Government worker union nearing a strike Attorney general launches Wells Fargo criminal probe Attack ad suggests Hanford congressman is vulnerable Why biz groups aren’t fighting tax increases on the ballot Good morning. Quite the debate last

CEO out, but heat still building on Wells Fargo

Chris Reed October 13, 2016

John Stumpf abruptly resigned Wednesday as CEO and chairman of the scandal-torn San Francisco-based banking giant Wells Fargo. But much more fallout is expected over the revelation last month that Wells Fargo had fired 5,300 employees for fraudulently signing up customers

CalWatchdog Morning Read – October 5

CalWatchdog Staff October 5, 2016

Wells Fargo fallout Trump’s past fallout Study: veterans and ex-cons suffer most from professional license mandate Legislative candidates go into debt W2W4 in tonight’s Senate debate Good morning. Happy Hump Day. If last night’s vice presidential debate wasn’t enough debate

Wells Fargo punishment spreads from CA

James Poulos October 5, 2016

In the wake of California’s unprecedented punishment of San Francisco-based Wells Fargo for bogus lending practices, legal sanctions spread eastward, with other state officials and Hillary Clinton herself going after the bank. Already, in Washington, members of the House Financial

Road project bulldozes building owner’s equity

CalWatchdog Staff February 15, 2013

Feb. 15, 2013 By Dave Roberts If you live near or frequently travel along the Burlington North Santa Fe rail line in north Orange County, you’re probably looking forward to the completion of the $600 million in road improvements that