Wells Fargo Exec Who Headed Phony Accounts Unit That Defrauded Customers Leaves With $125 Million

Wells Fargo Exec Who Headed Phony Accounts Unit That Defrauded Customers Leaves With $125 Million:

Well Fargo’s “sandbagger”-in-chief is leaving the giant bank with an enormous pay day – $124.6 million….

On Thursday, Wells Fargo agreed to pay $185 million, including the largest penalty ever imposed by the Consumer Financial Protection Bureau, to settle claims that that it defrauded its customers. The bank’s shareholders will ultimately have to swallow the cost of that settlement. The bank also said it had fired 5,300 employees over five years related to the bad behavior.

Tolstedt, however, is walking away from Wells Fargo with a very full bank account – and praise.

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Hillary Stuffs Entire U.S. Ruling Class Into Her Big, Nasty Tent

Hillary Stuffs Entire U.S. Ruling Class Into Her Big, Nasty Tent:

While Democrats scream “fascist” at Donald Trump, actual fascists with real histories of mass murder at home and abroad gather in Hillary Clinton’s “Big Tent” Democratic Party. The melding of GOP and Democratic fat cats is “the most dramatic effect of the breakdown of the duopoly system set off by Donald Trump’s white nationalist, anti-‘free’ trade revolt.” Blacks and progressives will be shocked to find themselves at the margins of Hillary’s tent.

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Allen Dulles: Architect of America’s Secret Government

Allen Dulles: Architect of America’s Secret Government:

What David Talbot has done in his newest book, The Devil’s Chessboard: Allen Dulles, the CIA, and the Rise of America’s Secret Government, is trace the origins of this system of “secret government” through a biography of one of its architects. The Devil’s Chessboard seeks to shine a torch down the well of “deep politics”…

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Why Wall Street Fought So Hard Against Brexit

Why Wall Street Fought So Hard Against Brexit:

For decades, Wall Street has considered London a beacon through which it could reach the rest of Europe….

But Britain’s stunning vote on Friday to divorce itself from the European Union has thrown London’s status as Europe’s financial center into question – and with it, the city’s relationship with New York bankers.

From London, Wall Street has been able to sell its services across 28 nations without the headache of having to get regulatory approval from each individual country….

The shock of the British vote tanked U.S. markets Friday with the financial sector taking among the toughest hits. Goldman Sachs and JPMorgan Chase were both down 7 percent. Morgan Stanley tumbled 9 percent.

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Clinton’s State Department Calendar Missing Scores of Entries

Clinton’s State Department Calendar Missing Scores of Entries:

An Associated Press review of the official calendar Hillary Clinton kept as secretary of state identified at least 75 meetings with longtime political donors, Clinton Foundation contributors and corporate and other outside interests that were not recorded or omitted the names of those she met. The fuller details of those meetings were included in files the State Department turned over to AP after it sued the government in federal court….

In one key omission, Clinton’s State Department calendar dropped the identities of a dozen major Wall Street and business leaders who met with her during a private breakfast discussion at the New York Stock Exchange in September 2009, The meeting occurred minutes before Clinton appeared in public at the exchange to ring the market’s ceremonial opening bell.

Despite the omission, Clinton’s State Department planning schedules from the same day listed the names of all Clinton’s breakfast guests – most of whose firms had lobbied the government and donated to her family’s global charity….

Unlike Clinton’s planning schedules, which were sent to Clinton each morning, her calendar was edited after each event, the AP’s review showed.

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