July 31, 2017

Trump's nominee for OCC post meets resistance due to One West Fraud Settlement

https://www.revealnews.org/blog/trumps-nominee-for-banking-post-meets-resistance-due-to-fraud-settlement/ By Aaron Glantz / July 24, 2017 “Cold and calculating and not willing to take the tiniest bit of responsibility” is how federal whistleblower Sandra Jolley describes Joseph Otting, President Donald Trump’s pick for comptroller of the currency, the nation’s chief bank regulator. Otting’s confirmation hearing is scheduled for Thursday before the Senate Committee …

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Gretchen Morgenson: Wells Fargo forced Unwanted Auto Insurance on Borrowers

It is official.  Wells Fargo is a criminal enterprise and despite its crime sheet, not one person has been convicted on criminal charges.  Wells Fargo is  therefore emboldened to continue its fraudulent conduct. By Gretchen Morgenson/NY Times More than 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they …

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