World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Wells Fargo Tests Justice Department’s Get-Tough Approach
Keywords: U.S. Justice Department, Wells Fargo, Banks ,
New Justice Department guidelines issued by Deputy Attorney General Sally Quillian Yates call for prosecution of individuals as a deterrent to white collar crime. It says: "One of the most effective ways to combat corporate misconduct is by seeking accountability from the individuals who perpetrated the wrongdoing." Experts, including John Coffee Jr., at Columbia University Law School, see this as a litmus test of the Justice Department's intentions to pursue individual accountability. For the last 8 years following the 2008 mortgage financial crisis most of the individuals have not been held accountable, and this is seen as a failure of the Justice Department and SEC in taking on its responsibility.
Wells Fargo settlements
01/29/2009
Grouped Articles
Wells Fargo Settles a Mortgage Suit
Wall Street Journal 07/09/2011
Wells Draws $85 Million Penalty in Subprime Case
Wall Street Journal 07/20/2011
Wall Street Journal 04/15/2012
New York Times 04/13/2012
Wells Fargo, Justice Department settle discrimination case for $175 million - The Washington Post
Washington Post 07/13/2012
Wells Fargo Posts Loss as Wachovia Takes Toll
New York Times 01/29/2009
Wells Fargo and the scandal about opening of bogus customer accounts in 2016
09/23/2016
Grouped Articles
Wells Fargo Tests Justice Department’s Get-Tough Approach
The New York Times 09/22/2016
Wells Fargo CEO Faces Senate Grilling –Live Analysis
WSJ 09/20/2016
Wells Fargo to Pay $185 Million Fine Over Account Openings
WSJ 09/08/2016
Wells Fargo CEO Defends Bank Culture, Lays Blame With Bad Employees
WSJ 09/13/2016
Wells Fargo eliminates sales quotas after unauthorized accounts scandal
The Guardian 09/13/2016
Pervasive Sham Deals at Wells Fargo, and No One Noticed?
The New York Times 09/13/2016
Wells Fargo Bank legal settlements
01/29/2009
Grouped Articles
Wells Fargo to Pay $1.2 Billion in Mortgage Settlement
New York Times 02/03/2016
Wells: Legal Losses Could Top Reserves
Wall Street Journal 05/07/2011
Wells Fargo Settles a Mortgage Suit
Wall Street Journal 07/09/2011
Wall Street Journal 04/15/2012
New York Times 04/13/2012
Wells Fargo, Justice Department settle discrimination case for $175 million - The Washington Post
Washington Post 07/13/2012
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us