1. Wells Fargo Ceo: "I Feel Accountable."

    Wells Fargo Ceo: "I Feel Accountable."

    John G. Stumpf, the long-time chief executive of Wells Fargo, defended the mega bank in an interview Tuesday, saying the firm is working to stamp out bad behavior after regulators found that thousands of employees had secretly created accounts customers didn't ask for in order to meet sales goals...

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    1. On average 1 percent [of employees] have not done the right thing and we terminated them. I don't want them here if they don't represent the culture of the company.
    2. The risk is not worth it, it is not critical to the growth of the company.
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