Group of plaintiffs in Utah, with the help of some US senators, have put the Wells Fargo CEO in a jam

In plain english, he is hosed… The Nation: The mega-bank famously issued at least 3.5 million fake accounts without consumer consent, triggering a $185 million fine to state and federal regulators. The bank aimed to demonstrate sales growth to investors and boost the stock price with bogus numbers, but millions of customers got caught up in the …

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A little-noticed announcement published in the federal register: Trump Administration waives punishment for convicted banks, including Deutsche Bank — which Trump owes millions

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for its role …

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