Disparity in Penalties for Financial Crimes Versus for Massive Hacking

About 5,300 Wells Fargo employees took advantage of their employer’s incentive bonuses by creating 1.5 million deposit accounts and 565,000 credit cards without the customers’ awareness.  Wells Fargo admitted the misbehavior and seems determined to do the right thing by its customer.  It fired 5,000 and to identify the problem in detail, it set in […]