ELIZABETH WARREN HAS HELD WELLS FARGO'S FEET TO THE
FIRE INCLUDING THE CEO WHO HASN'T REALLY PAID ANY
CONSEQUENCE IS FOR THE WRONGDOING, IT TURNS OUT THAT AN
INVESTIGATION HAS FOUND THAT SOME OF THEIR LOW-LEVEL
EMPLOYEES WHO WANTED TO CALL OUT BAD, UNETHICAL BEHAVIOR WERE
REPRIMANDED OR FIRED.
CNNMONEY DID A REALLY GREAT INVESTIGATION
WHERE THEY TALKED TO A DOZEN FORMER WELLS FARGO'S EMPLOYEES
BRANCH MANAGERS, PEOPLE WHO WORKED IN HR, AND THE WHAT THEY
FOUND WAS THAT IF THEY CALLED THIS ETHICS HOTLINE TO REPORT
ANY WRONGDOING BY WELLS FARGO THEY WOULD GET FIRED AND THEY
WOULD GET FIRED PRETTY MUCH IMMEDIATELY.
IN FACT ONE FORMER
EMPLOYEE SAYS THEY RUINED MY LIFE.
THEY RUINED BILL BADO'S
LIFE SO MUCH THAT HE IS ABOUT TO HAVE HIS HOME FORECLOSED ON.
HE
GOT FIRED FOR REPORTING SOME WRONGDOING.
HE NOT ONLY
REFUSED ORDERS TO OPEN PHONY BANK AND CREDIT ACCOUNTS.
THE
NEW JERSEY MAN CALLED AN ETHICS HOTLINE AND SENT AN EMAIL TO
HUMAN RESOURCES IN SEPTEMBER 13 FLAGGING UNETHICAL SALES
ACTIVITIES HE WAS BEING INSTRUCTED TO DO.
ALSO CNN
MONEY FOUND ONE FORMER WELLS FARGO HR OFFICIAL SAID THAT
WELLS FARGO WOULD FIND WAYS TO FIRE EMPLOYEES IN RETALIATION
FOR SHINING LIGHT ON SALES ISSUES THAT IT COULD BE AS
SIMPLE AS MONITORING THE EMPLOYEE TO FIND A FAULT, LIKE
SHOWING UP A FEW MINUTES LATE ON SEVERAL OCCASIONS.
IN THE CASE
OF BILL BADO, WHAT HAPPENED WAS EIGHT DAYS AFTER HE REPORTED
THE UNETHICAL BEHAVIOR HE GOT FIRED FOR TARDINESS.
THE FORMER
HR OFFICIAL SAYS THAT THIS PERSON WAS SUPPOSED TO BE AT THE
BRANCH AT 8:30 AM AND THEY SHOWED UP 8:32 AM, THEY WOULD
FIRE THEM.
DO YOU KNOW HOW MANY TIMES I WOULD'VE BEEN FIRED AT
TYT?
THEY ARE NOT EVEN TRYING TO HIDE IT.
8 DAYS AFTER YOU
COMPLAIN ABOUT ILLEGAL ACTIVITY AT THE BANK YOU GET FIRED FOR
TARDINESS?
THAT IS BASICALLY SAYING NOBODY IS EVER GOING TO
HOLD US ACCOUNTABLE FOR ANYTHING.
THE PART THAT DRIVES
ME CRAZY IS TO ELIZABETH WARREN'S POINT YESTERDAY WHEN
THE CEO JOHNSTONE WAS IN FRONT OF THE SENATORS.
SHE SAID LOOK,
YOU ARE BLAMING IT ON THE LOW-LEVEL EMPLOYEES, YOU SAY THEY
MADE A LOT OF MONEY, THEY MADE BETWEEN 30 AND $60,000.
YOU
MADE MILLIONS IN 2015.
YOU PROFITED FROM ALL OF THESE
SCAMS.
SHE SAID THEN YOU JUST FIRED ALL OF THE PEOPLE WHO DID
IT EVEN THOUGH YOUR EXECUTIVES DROVE THEM TO THIS KIND OF
PRESSURE.
BUT NOW YOU SEE THIS STORY AND IT IS ACTUALLY DAMNED
IF YOU DO AND IF YOU DON'T.
FOR EVERYONE WHO COMPLAINED THIS
ISNíT LEGAL WE SHOULDN'T DO IT, THEY WERE FIRED.
AFTERWARD WHEN
THEY CAUGHT EVERYONE WHO DID DO IT, THEY WERE ALSO
FIRED.
I DON'T THINK THAT THE REST OF THE MEDIA, BECAUSE THEY
ARE THE CORPORATE MEDIA, IT MAKES SENSE, THEY DON'T UNDERSTAND AND
THEY DON'T COVER IT.
THE RAGE THAT AMERICANS ACTUALLY HAVE
AGAINST CORPORATIONS.
IT IS ALMOST NEVER TALKED ABOUT BECAUSE
THE REALITY IS PEOPLE LIVE THIS.
THEY KNOW.
HEATHER BROCK IS A
BUSINESS BANKER IN TEXAS.
SHE IS A GOOD AMERICAN IN THE MIDDLE
OF TEXAS SAYING THIS ISN'T RIGHT.
WE CAN'T
DO THIS TO OUR FELLOW NEIGHBORS.
I DO NOT KNOW HER POLITICS BUT SHE IS
YOUR NEIGHBOR.
SHE IS THERE AND TRYING TO BE ETHICAL.
SHE HAS
TWO YOUNG KIDS AND THEYíRE LIKE, FIRE HER.
GET HER OUT BECAUSE
SHE WON'T BREAK THE LAW.
AND THEN HER FRIENDS, AT THE
BANK, IF THEY SUCCUMB TO THAT PRESSURE BECAUSE THEY SAW
HEATHER GET FIRED, THEY DO AND THEN ONCE THEY ARE CAUGHT, THE
EXECUTIVES DON'T SUFFER ANY CONSEQUENCES.
THEY KEEP THE
MILLIONS OF DOLLARS AND THEY FIRE THE GUYS WHO DID AND
DIDN'T DO IT.
THEY DON'T CARE ABOUT THE EMPLOYEES OF THE LOW-LEVEL
INDIVIDUAL.
I MEAN THEIR POSITIONS WITHIN THE COMPANY
OBVIOUSLY.
THEY DON'T WANT TO PAY THE CONSEQUENCES FOR THE
WRONGDOING.
THEY GET THE BENEFIT AND THEY GET TO PROFIT
FROM THESE SCAMS AND WHEN THEY GET CUT, THEY DON'T HAVE TO PAY
ANY OF THAT MONEY BACK WHICH IS WHAT WE FOUND THROUGH ELIZABETH
WARREN'S LINE OF QUESTIONING.
HEATHER BROCK, YOU ARE RIGHT.
WHAT AN INCREDIBLE HUMAN BEING TO STAND UP, SPEAK TRUTH TO
POWER AND SAY NO, THIS IS UNACCEPTABLE BEHAVIOR.
SHE SAYS
AS A RESULT OF REPORTING THIS I ENTERED HARSH BULLYING,
DEFAMATION OF CHARACTER, AND EVENTUALLY BEING PINNED FOR
SOMETHING I DIDN'T DO.
YOU GUYS SEE IT BECAUSE YOU LIVE IN THE REAL WORLD BUT THE
GUYS ON TV, THEY DON'T SEE IT BECAUSE THEY DON'T KNOW ANY OF
YOU GUYS.
DO YOU KNOW WHAT BILL BADO WAS DOING NOW?
THE HERO
IN PENNSYLVANIA THAT TRIED TO POINT OUT WHAT THEY WERE DOING WRONG?
HE
IS WORKING PART-TIME AT SHOP WAY.
THAT IS WHY HIS HOUSE
MIGHT GET FORECLOSED ON.
PART-TIME IN A GROCERY STORE.
BECAUSE HE WAS A BANKER.
HE DID THE RIGHT THINGS.
YOU NOW THEY
SAY SOMETIMES, A FEW BAD APPLES.
NO THERE ARE A FEW GOOD
APPLES AND THEY ARE IMMEDIATELY ELIMINATED FROM THE BARREL AND
THEN THEY HAVE TO STRUGGLE AND WORK PART-TIME AND PUT ON AN
APRON AND TRY TO BARELY CLAW ON, HANG
ON FOR DEAR LIFE TO SAVE THEIR FAMILY'S HOUSE SO THEY ARE
NOT HOMELESS.
YOU GUYS SEE THAT ALL OF THE TIME.
IT ANGERS
THE COUNTRY BUT WHEN YOU TURN ON THE TV EVERYTHING IS HUNKY-DORY
AND CORPORATIONS ARE WONDERFUL TO HUMAN BEINGS AND THEY
NEVER DO ANYTHING WRONG THAT I DO KNOW WHY PEOPLE ARE UPSET.
YOU KNOW WHY?
THEYíVE BEEN CRUSHING US.
CORPORATIONS BY THEMSELVES ARE NOT NECESSARILY BAD.
IT IS
AN AMORAL MACHINE, DOESN'T DO EVIL OR GOOD.
IT IS NOT
PATRIOTIC OR AMERICAN, IT IS A MACHINE.
IT DOES DO EVIL.
FOR PROFIT.
BECAUSE IT IS A ROBOT.
WE PROGRAMMED IT TO MAXIMIZE EVERY
SINGLE SENSE SO DON'T GET SURPRISED WHEN IT CRUSHES US ON
ITS WAY TO MAXIMIZING PROFIT.
THEY NEVER SHOW THAT ON TV AND IF ANYONE EVER CHALLENGES AND
THEY SAY LOOK AT THE SOCIALIST FROM VERMONT.