Wells Fargo Fined A Billion

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Опубликовано 21 апреля 2018, 2:00
Wells Fargo is about a billion dollars poorer... Cenk Uygur, Ana Kasparian, and Nomi Prins host of The Young Turks, break it down. tytnetwork.com/join

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npr.org/sections/thetwo-way/2018/04/20/6...

"The Consumer Financial Protection Bureau is levying a $1 billion fine against Wells Fargo — a record for the agency — as punishment for the banking giant's actions in its mortgage and auto loan businesses.

Wells Fargo's "conduct caused and was likely to cause substantial injury to consumers," the agency said in its filings about the bank.

Wells Fargo broke the law by charging some consumers too much over mortgage interest rate-lock extensions and by running a mandatory insurance program that added insurance costs and fees into some borrowers' auto loans, the CFPB said.”


Hosts: Cenk Uygur, Ana Kasparian, Nomi Prins

Cast: Cenk Uygur, Ana Kasparian, Nomi Prins

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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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