Former Wells Fargo CEO Takes A Hit

Started by supsalemgr, January 23, 2020, 12:07:16 PM

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supsalemgr

https://www.cnbc.com/2020/01/23/former-wells-fargo-ceo-stumpf-barred-from-industry-to-pay-17point5-million-over-sales-scandal.html

This guy deserves all the punishment he has received. I was a Wachovia customer when it as purchased by WF. I immediately began to experience the sales efforts when I interacted with a bank employee and it was very uncomfortable.

I spent my career in sales management and I know a sales pitch when I hear and/or see one. Here we had bank tellers placed into high pressure sales requirements - with no training. If these people were "sales" people they would not be bank employees. Stumpf does not deserve to be in the banking business.
"If you can't run with the big dawgs, stay on the porch!"

Solar

I opened my first account with Wells Fargo in 1959, was with them for 35 years, then they started getting screwy after deregulation, dumped them, went back in 2006 and customer service was horrendous. Dumped them again when they went PC all the while having a business account with BofA , another BS leftist company that bans Conservative businesses.
Now I do all my banking with a local S&L and they've been great.
Hope he rots in prison!
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

Sick Of Silence

Everybody tries to sell to you. Nothing will change.
With all these lawyers with cameras on the street i'm shocked we have so much crime in the world.

There is constitutional law and there is law and order. This challenge to law and order is always the start to loosing our constitutional rights.

Frauditors are a waste of life.

supsalemgr

Good sales people never sell anything. They just have a lot of clients who buy stuff.
"If you can't run with the big dawgs, stay on the porch!"

Solar

Quote from: supsalemgr on January 24, 2020, 04:21:20 AM
Good sales people never sell anything. They just have a lot of clients who buy stuff.
Sooo True! The product should be able to sell itself. If it can't, it's probably crap.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!