After all, Stumpf took home a massive sum of money after his resignation,
even after forfeiting some of his stock awards due to the scandal.
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3
In his congressional testimony,
Wells Fargo CEO John Stumpf made it sound as though the employees responsible were bad apples
or lone wolves who disregarded the company's code of ethics.
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4
Even Stumpf was guilty of this form of self-delusion,
explaining to Congress that he initially believed the practices were harmless because empty accounts were“auto-closed” after a certain period of time.
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5
When the Board of Directors of Wells Fargo were considering the $133
million retirement allowance for CEO John Stumpf, did it cross their minds that a $1 million
stipend might be sufficient for a CEO who had screwed up so badly?