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Pocahontas Takes Stumpf to the Woodshed

Started by HawgWild, September 20, 2016, 10:51:18 am

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HawgWild

September 20, 2016, 10:51:18 am Last Edit: September 20, 2016, 11:05:46 am by HawgWild
Stumpf: "I hold myself personally responsible."

Warren: "Have you offered to resign?"
Stumpf: "No"
Warren: "Have you returned one nickel (of the money you profited from this scam)?"
Stumpf: No
Warren: "Have you fired one senior management position on account of this scam?"
Stumpf: "No"
Warren: "I call this gutless Leadership"

All the while the WFC ticker in the upper right hand corner shows the pps rising.

HawgWild

Then there's Mylan. How do you only maintain a continuous profit margin of $50 per unit while increasing the unit price from $108 to $609.

 

HawgWild


HawgWild

Looks like Stumpf is going to have to give back $28 million. Seems like he knew stuff like this was going on as far back as 2002.

Vantage 8 dude

Quote from: HawgWild on September 22, 2016, 12:02:00 pm
Then there's Mylan. How do you only maintain a continuous profit margin of $50 per unit while increasing the unit price from $108 to $609.
"Government (Creative) Accounting Standards" ??? ;)

HawgWild

Looks like Stumpf is raising his hand to take an oath to tell the truth in his congressional appearance. Wonder if the Feds will come after him now that this has come out? The $28 million claw back was WF asking for a return of funds paid to him on his departure.