Thread regarding Wells Fargo & Co. layoffs

Remember when

Remember when Charlie first started and every town hall would open with some sort of risk management framework update? I guess that was 3 CROs ago.

The asset cap isn’t going anywhere. There’s no reason every town hall shouldn’t open with an asset cap update. Same for shareholders meeting. It’s a failure on Charlie that the single thing directly holding the bank back from growing isn’t addressed like a priority.

Wait. It isn’t a priority to Charlie. Just keep his bonuses coming until Jamie finds him a better job.

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The bigger the dumpster fire, the more critical the fire department. Even if the fire chief started the fire.

As long as restrictions exist, the executives have work to do and can justify salary when speaking with shareholders.

It's almost like the executives and regulators are working for the same mutual benefit. As long as fires exist, the jobs are necessary.

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