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June 25, 2024
Demographic or social factors of people being frauded. Mr. Stumpf i do not know what the intent of these people were. To answer your question specifically, there was no racial or ethnicity difference other than the communities because we try to have people in our banks that represent the communities. We will take that off the table here. As someone who populates a district heavily populated by seniors, i am worried that wells fargo may have preyed on those that were seen as vulnerable. Mr. Stump...
June 25, 2024
There are an array of options and that is certainly one that is there. We are going to turn to membership for questions. Im told to remind you it is on the record. We ask you wait for a microphone. It will bring it to you. Speak directly into the microphone, stand stand up, tell us your name, affiliation and limit yourself to one question. Lets start over here with this gentleman. Hello. My memory on this may be hazy, but i was on the defense policy board at the time of the earliest crises. Some...
June 25, 2024
And the vast majority of everything we do is right. Firing the highest number of people in 2013 but bragging about your presentation penetration rates in 2014. You knew it was material to shareholders and you knew it was a funny number that you fired people phony number that you five people for falsifying. Fired people for falsifying. We did not know if those were good accounts are not. We looked at 20,000 credit you fired 5300 people. He took 5300 could americans and turned them into felons wit...
June 25, 2024
Advantage of customers and consumers when we had the financial crisis. I have individuals right now who are on the street, on the street, not back in their homes. They had these fraudulent mortgages. Nobody said, im sorry that we gave you these fraudulent mortgages. Were going to put you back in your home and were going to make sure that everything is ok. No one has done that for them. You havent volunteered to do that. Will wells fargo put people back in their homes . Mr. Stumpf congressman, if...
June 25, 2024
Missed thesident opening of the paralympics in rio where police plan to interview him. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. I mark crumpton. This is bloomberg. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Apple unveils the iphone seven and a revamp watch. Will it reignite sales growth . The latest shoe to drop in m a focus on aarpens its data center business. Hp enterprise slimming down, announcing a 9 bi...
June 25, 2024
Dedicated to serving them. Thats what va is to veterans and thats why you dont find veterans demanding Community Care as the only choice. The demand for that only choice comes from elsewhere. It doesnt come from veterans. Veterans know better. I have tested this during my time as secretary, when somebody tells me that veterans should only have the choice of the Choice Program, i ask them are you a veteran . And by and large the answer is no. And then i ask to be here in between votes and, mr. Se...
June 24, 2024
The strategy update. Is he going to have issues . Will he have to sell the crown jewels . The market is looking for answers, and we will put those questions to him. Lets get you up to speed with Caroline Hyde. Caroline thank you. Brent oil has advanced about 35 per barrel amid speculation that some of the worlds biggest crude producers will cooperate to reduce output. Bloomberg still says saudi arabias oil minister plans to be with his russian counterpart later today to discuss the oil market. V...
June 24, 2024
Is this a dead cat bounce . Joe a lot of these gains came in the futures market. It looked like we might give it around 80, but going out at the highs of the day, strong allaround. Apple having its best day in a month. Of s p stocks up 3 today. , but banksed apple and retail did well. The guys who got beat hard last week had a rebound. The Third Straight 200point move. We are in a time of lots of volatility. Alix chesapeake was up huge, was uptmcmoran, wynn huge. These guys have huge short inter...
June 24, 2024
February 2, 2016 a motion is an order that has been moved. Moved and seconded. Are there any correction to the minutes . Not seen any, were prepared to go. All those in favor please say aye. Opposed. The next item item 3 is the directors report. Good afternoon. I want to give you a quick update. The World Health Organization declared the International Health emergency on monday, february 1. The center for Disease Control has identified additional countries with a virus isnt issue and seeking tes...
June 24, 2024
Report. Good afternoon. I want to give you a quick update. The World Health Organization declared the International Health emergency on monday, february 1. The center for Disease Control has identified additional countries with a virus isnt issue and seeking testing. It also issued guidance to pregnant women regarding sexual transmission to the missed last week, the department has activated and Management Team to respond to Laboratory Testing and share information with medical providers and loca...