Wells Fargo CEO on Fake-Account Scandal and Bank's Future

May.24 -- Tim Sloan, Wells Fargo & Co.’s president and chief executive officer, discusses the bank’s efforts to contain the fallout from a fake-accounts scandal. He spoke with Bloomberg’s Erik Schatzker May 23 on "Bloomberg Markets."

[@lonewolfnh89]

It wasn't a mistake, it was intentional

[@Fishpig65]

Crooks.

[@CynthiaGee62]

They did that thing of creating an extra bank account for a friend of mine. He still can't get the bank to work with him to fix the damage.

[@zobbukit]

Oxymoron......honest senior bank exec.

[@GodNeverNeededYourTaxDollar]

I was forced to open account because at a time my rent was paid via money order or even CASH tender but they still think it's better business if I got account with them so rent can be smother... I have 1 bank I would like to have only 1 account and not 2 or 3. Times are hard for us Minimalist

[@vincesacca5025]

They need to bring the former employees to the interviews and let the people hear the real banking culture that went on for years...stress, coercion, threats and nefarious activity to keep their jobs... $12.00 dollars an hour to try to feed their families and just try to exist while being tormented as soon as they showed up to work. What did the people do that were running the organization? They were filling their deep pockets with the $tress and torment from it's people who were nothing more than slaves to tyranny and corruption...They say they fired 5,300 employees. How many people quit and would love to come forward and tell what it was like to pull that stage coach...And where was our Democracy who were probably being swarmed with phone calls about the nefarious activity going on? The FBI, Department of Justice and many Federal Organizations that deal with this type of corruption... The employees and people who were affected by the banks conduct got a real lesson about how our Democracy really works.

[@dr.carolinabaltazaredwards8515]

Well's Fargo need more monitoring regarding their Mortgage investing business as to what do they tell the customers about their process.

[@silascochran9705]

I am a disabled veteran they have burned time and time again if you are a Wells Fargo customer I implore you 2 switchbacks I am trying to Rally as many people as I can if you don't do it for me do it for the disabled veterans of America

[@EmpireArcade19]

ReaDii..!!#!!FalConBird!!#!!

[@michellemenchate8681]

You will always have our respect Mr.Sloan . we know how hard you did for us to make things right. We will continue what you started

[@quackers8681]

Holy crap you live under a rock

[@dariusashouri2439]

@@quackers8681 you are living inside a bubble , this guy ( im not talking about Wells Fargo Board) is really knowledgeable person and im sad world missed these kind of persons again.

[@dariusashouri2439]

@@quackers8681 you dont know how hard this guy worked with other companies CEO like Master Card to make world better. you have no idea .... im out of time and im busy sorry gl my friend

[@mykedoes4099]

5:20 ya Wells Fargo get's to learn while we pay with money and then our home.

[@l27tester]

Prison time for board members?

[@GODLORDGIBSON01_ON_TLGR]

Thanks goes to yu boss your 👆👆method is 💯 like a miracle to me 👆 yu are the best vendor