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Re:Wells Fargo CEO John Stumpf Steps Down by ArkyBeagle on Thursday October 13, 2016 @04:18PM (#12703702)
It's far more than a tongue lashing. Look, this is how these folks assemble footage to run on and such. One New York pol ( Meeks? ) called WF a criminal enterprise.

I didn't say it would excuse anything. He's responsible. There were bad actors within WF. Some people ( presumably there's correlation between that and who was a bad actor ) were fired. I don't mean the people who were fired under the compensation structure.

This might take a while. They have 265,000 employees. If it's O(n) and each case takes thirty man-minutes, that's 66.25 man-years.

I don't know any other context than the congressional hearings. But this appears to be a sacrificial resignation.

"Ungodly sums of money" is quite the (non) standard. I hold that the cultural failings and biases that cause us to cause the existence of these behemoths are still with us.

Why are we still talking about compensation policy? Can't we figure out how to pay people? This is clearly a case of gamification of a variable compensation policy.

What's behind that "Can't we figure out how to pay people?" Isn't that what's at issue in general? Isn't that what drives the debate over inequality? There's Something Wrong. With us.

Re:Wells Fargo CEO John Stumpf Steps Down by st3v3r on Friday October 14, 2016 @12:25PM (#12709141)
"It's far more than a tongue lashing."

Until he has the shit kicked out of him in a jail cell, it isn't. As I said before, Stumpf is not facing any real consequences for his actions.