Tell Wells Fargo to fire their CEO!
Wells Fargo, California’s biggest bank, just got caught red-handed opening more than 2 million bank and credit card accounts in its customers’ names without their consent. In response, the Consumer Financial Protection Bureau just fined the company $100 million.
Wells Fargo CEO John Stumpf personally got $200 million richer from this fraudulent practice, while the company’s value was inflated by billions of dollars.
Since it was discovered, more than 5,000 low-level Wells Fargo employees have been fired due to this fraud. But Stumpf, who literally made millions of dollars peddling the results of this fraud to investors, still has a job. That’s not accountability -- it’s passing the buck.
We’ve seen it time and time again: big banks have no incentive to change their behavior without meaningful consequences for blatantly illegal or unethical behavior. John Stumpf needs to be fired immediately.
Sign the petition to tell the Board of Directors of Wells Fargo:
"I demand the immediate firing of Wells Fargo Chairman and CEO John Stumpf."