“Okay, so you haven’t resigned.  You haven’t returned a single nickel of your personal earnings.  You haven’t fired a single senior executive.  Instead, evidently, your definition of accountable is to push the blame to your low-level employees who don’t have the money for a fancy P.R. firm to defend themselves.  It’s gutless leadership.”

– U.S. Senator Elizabeth Warren (D-MA) in a banking committee hearing featuring Wells Fargo CEO John Stumpf whose bank defrauded millions of its customers through phony accounts and fees.

From:  Elizabeth Warren laid the smackdown on Wells Fargo CEO

15 thoughts on “Quote of the Day: Senator Elizabeth Warren smacks-down Wells Fargo CEO John Stumpf

  1. I would like to have seen Warren ask Stumpf what is his job description, what exactly are his duties. For what exactly did he receive that exhorbitant pay. I believe that would have made it more difficult for him to claim that he earned his salary.

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