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Circumstances in which it is discouraged and never encouraged and i do not have a feel for that circumstance. I do not know what really is the fact between the banking leadership that may have encouraged this behavior. We have seen this before. I served with a number of my colleagues including center that senator brown where we saw the consequences of a system that rewarded appointments for veterans who needed medical care. We saw a scandal across the country in which veterans were put on the list suggesting they had an appointment. They did not and circumstances which those individuals those ...

Its important for me to finish. I would love for the record to have a better understanding of the culture of checks and balances that were not there that would help customers have confidence and you become a model for doing it right. Thank you. You open an account i apologize for going over my time for a minute or so, you have an account, i hope to keep them there if i didnt sign for it, it is fraudulent. I like the simple definition. Open an account in my name. There are fees attached to some of the accounts. They are not paid because we are ignorant of those accounts. At some point its relat...

Europe, germans biggest brought to to mes by american authorities either way we will be affected, welcome to the world of Systemic Risk its back. Opec a deal to get oil prices up will they stick to it jury out oil prize down a faction today. And, of course, Varney Company is all over the election the story this morning number one, media, more apoplectic attacks on donald trump number two, liberate barrierian gary johnson another aleppo moment, three trump goes into attack mode follow hillarys money that crooked woman he says. Just wait till you see what amazon is doing you are watching it now,...

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 i could respond for a second, please. Theres no question we dont do everything right and we made mi...

Senate Banking Committee cherish charred shelby. The committee will come to order. Today, well learn more about the events and the circumstances, that led to the enforcement action against wells fargo by the City Attorney, and the occ and the c. F. Pb. But first today, well receive testify from john stumpf, hes the c. E. O. And chairman, who is was us. Welcome. We will then here from the Los Angeles Deputy cheer whose office was the first for commence the action and finally from the occ and. C. F. Pb. We look forward to hearing from both panels because much remains unclear about what transpire...