this post was submitted on 24 Aug 2024
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It was Wells Fargo, and he was actually fired under threat from Congress led by Elizabeth Warren. The board replaced him with his chosen successor who had also been implicated and Congress actually stepped in again to force the replacement out. It would be nice to see them charged with something, but there is really no evidence that they actually broke the law themselves, they just created the massively over-competitive environment that made some desperate workers into criminals.
It's not the justice I would want, but "slap on the wrist" seems like an accurate description.