How Over Fining Banks Hurts Consumers

04/24/2017
 
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It’s starting with Wells Fargo, but it’s sure to continue with other banks.  Over fining banks hurts consumers as it forces banks to increase their costs.  End of story.

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comments

Comments
  • Turn that check over and write pay to the order of the cfpb and mail it to them. Bet it gets cashed

    Mike jones April 24, 2017 7:24 am Reply
  • Wells Fargo returned $3.1 billion to shareholders in the first quarter of 2017 through common stock dividends and net share repurchases. A few hundred million in fines and penalties for bad behavior may make them more honest in their consumer dealings. But probably not.

    https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/

    Jeff April 25, 2017 5:10 am Reply

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