Wells Fargo employees caught up in the bank’s fake account fiasco lost more than their jobs if they did or didn’t meet sales goals: they also say they suffered physically and emotionally from the pressure placed on them by management to “sell, sell, sell.” [More]
bankers
What Can $20 Billion In Wall Street Bonuses Really Buy?
By 2.24.10
After hearing Tuesday’s news that — only a year after an unprecedented federal bailout of the banking industry — Wall Street banks had rewarded their executives with over $20 billion in bonuses in 2009, we did a quick look around to see what else is worth that much cheddar. [More]
Bankers Back To Congratulating Themselves, Bonuses Up 17%
By 2.23.10
In these tough times, it’s easy to forget about the struggling bankers out there as you dodge their SUVs on your walk to the unemployment office. So it’s a good thing they have someone looking out for their financial interests — themselves. [More]
Cuddly Banker Makes Way for Ducklings
By 5.21.09
Bankers have an bad rap these days, don’t they? Joel Armstrong of Spokane, Washington was nice enough to initiate an intensive bailout of his neighbors, who could no longer stay in their home. His neighbors: a family of ducks.
By 2.25.09
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Want to read more about the banker President Obama mentioned tonight who gave $60 million to his employees past and present? [The Miami Herald]
Chicago Sheriff Halts Foreclosure Evictions, Won't Toss Innocent Renters
By 10.9.08
Cook County Sheriff Tom Dart said he understood he was flouting the law in refusing to have deputies carry out the rising number of eviction requests, but mortgage holders must be accountable.
Aged, Frail Denied Care By Insurers
By 3.26.07
But when she filed a claim with her insurer, Conseco, it said she had waited too long. Then it said Beehive Homes was not an approved facility, despite its state license. Eventually, Conseco argued that Mrs. Derks was not sufficiently infirm, despite her early-stage dementia and the 37 pills she takes each day.
