Wells Fargo will be fined $1 billion

A good start. In the past they opened accounts for clients without their knowledge to drive up their numbers and revenue. That's armed robbery without the gun.

Oh well, they get what they get!

It seems to Me quite a few Banks and finance companies need a close examination due to consumer fraud. When they make victims out of the American public which is driven by their own greed, I see a problem. Wells Fargo it appears may well be one of many and for too long excessive interest, fees, just for a start are things that need fixing. too often the public is robbed so these financial institutions can make large expansions and make more money for themselves at the expense of their customers.

One large bank that took over some smaller one I was a customer of after a while started putting fees in things that were free before. I not only didn't like it, I closed the account and went elsewhere and opened a new one and did fine. They told Me when I said I was closing all My accounts here, oh, We can waive the fees, I told them they needn't bother I'm closing the accounts now. Also told them the difference between You and the other guys with your interest rate is You don't break my legs. This was years ago and I've never had problem 1 with the institution I moved My accounts to. Bigger isn't always better.