Thread regarding Wells Fargo & Co. layoffs

Massive gaps and risk and controls

Teh company is using a convoluted RCSA project to hide true deficiencies and fraud. Audit and regulators have been sent down RCSA admin rabbit holes. thousands of fake controls have been created to hide problems. Theyre impossible to test let alone practically operate. Even on its own terms RCSA is not sustainable and they are creating smoke screens to say otherwise. employees are pushed with bonus, promos and threats to hush it all up. The whole thing is a sham.

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Post ID: @OP+1tSJ75h1

6 replies (most recent on top)

one word. payments

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Post ID: @hyx+1tSJ75h1

this bank is too big and too broken to be controlled

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Post ID: @ajg+1tSJ75h1

@bwz+1tSJ75h1 It's the latter, there's one prolific troll here who is obsessed with RCSA.

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Post ID: @ibt+1tSJ75h1

Gonna need more specifics to assess. Could be legit, could be a kook.

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Post ID: @bwz+1tSJ75h1

At this point, those in risk are accomplices to the outright fraud this company purveys on society

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Post ID: @cof+1tSJ75h1

Here comes another Wells Fargo hater with a new conspiracy theory.

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Post ID: @spj+1tSJ75h1

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