an action which one commenter said is putting the fear of god in bank board rooms here discusses eric reimer a former f.c.c. official and policy commentator eric thank you for being with us first of all tell us what you make of their entire sort of nefarious actions give our viewers what wells fargo has done over the last three years to put them in this problematic circumstance and it's a very multifaceted problem basically it back in september two thousand and sixteen p.b.d. o.c.c. and the los angeles city attorney revealed that wells fargo for about a decade had been encouraging or at least assailed hitting its sales reps to create millions of fake accounts primarily checking accounts saving accounts credit cards for their customers that were not authorized by their customers and essentially this allows wells fargo to reach sales quotas to drive increased fees and to basically bolster their bottom line that the expense of their customers it also goes on top of several other scandals the past few years that wells fargo has faced a rating from the car loan scandal whereby they did not give t

federal reserve places rough restrictions on the banks we'll get into that with eric reimer now let's check out some of the stories topping today's headlines. on friday the dow jones industrial average plummeted six hundred sixty six points abets not an ominous number then yesterday making friday seem like child's play we witnessed the largest point drop ever ever amongst the dow industrials a drop of over eleven hundred points for those in the u.s. watching and wondering in real time why the boom bust team was it sure seemed like panic selling as the market had dropped from five hundred points down to sixteen hundred points in seemingly no time at all it has been and may continue to be a monumental market moment in history r.t. correspondent trinity chavez has more from wall street smart there's a lot of free. nerves here on wall street as a global stock bluntschli volatility and it play yesterday we had that stingel biggest one day drop on the dow jones on friday the dow opened about twenty five thousand this morning in the low twenty three thousand knapsack fell almost four percent

which one commenter said is putting the fear of god in board and bank board rooms here discusses eric reimer a former f.c.c. official and policy commentator eric thank you for being being with us first of all tell us what you make of their their entire sort of nefarious actions give our viewers what wells fargo has done over the last three years to put them in this problematic circumstance and it's a very multifaceted problem basically it back in september two thousand and sixteen the c.f.p. be the o.c.c. and the boss and it's in the attorney.

one commenter said is putting the fear of god in the board and bank board rooms here discusses eric reimer a former f.c.c. official and policy commentator eric thank you for being being with us first of all tell us what you make of their entire sort of nefarious actions give our viewers what wells fargo has done over the last three years to put them in this problematic circumstance and it's a very multifaceted problem basically it back in september two thousand and sixteen . the o.c.c. and the boss and his city attorney revealed that wells fargo for about a decade had been encouraging or at least facilitating it's a sales for ups to create millions of fake accounts primarily checking accounts have accounts credit cards for their customers that were not authorized by their customers and essentially this allows wells fargo to reach sales quotas to drive increased fees and to basically bolster their bottom line at the expense of their customers that also goes on top of several other scandals the past few years that wells fargo has faced ranging from the car loan scandal.

one commenter said is putting the fear of god in the board and bank board rooms here discusses eric reimer a former f.c.c. official and policy commentator eric thank you for being being with us first of all tell us what you make of their entire sort of nefarious actions give our viewers what wells fargo has done over the last three years to put them in this problematic circumstance and it's a very multifaceted problem basically it back in september two thousand and sixteen . the o.c.c. and the boss and it's in the attorney revealed that wells fargo for about a decade had been encouraging or at least facilitating its a sales reps to create millions of fake accounts primarily checking accounts have accounts credit cards for their customers that were not authorized by their customers and essentially this allows wells fargo to reach sales quotas to drive increased fees and to basically bolster their bottom line at the expense of their customers that also goes on top of several other scandals the past few years and wells fargo has faced a rating from the car.

fear of god in the bank board rooms across the country we'll have more wells fargo tomorrow with eric reimer who has written about this strange set of circumstances and be sure to catch boom bust on you tube youtube dot com slash boom bust r t catch you next time. a little bit of hard sell you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles that. the new socks try to tell you that the beach gossip a template for. one of my eyes and tell me you are not cool enough like they're proud. of the hawks that we along. with one. the u.s. is losing into a summer on the climate denying is precluding them from the dissipating in this new economy number one and number two the effects of the climate change and why the catastrophes the global you know migrants that are the result of it all these other problems are hurting the u.s. economy on the other side of the trade so you've got a double by. one point out of it. the. u.s. republicans allege that the infamous don't see it is behind many of the trump russian collusion claims may have been based on info

federal reserve places rough restrictions on the bank we'll get into that with eric reimer now let's check out some of the stories topping today's headlines. on friday the dow jones industrial average plummeted six hundred sixty six points abets not an ominous number then yesterday making friday seem like child's play we witnessed the largest point drop ever ever amongst the dow industrials a drop of over eleven hundred points for those in the u.s. watching and wondering in real time why the boom bust team was it sure seemed like panic. selling as the market had dropped from five hundred points down to sixteen hundred points in seemingly no time at all it has been and may continue to be a monumental market moment in history r.t. correspondent trinity chavez has more from wall street smart there's a lot of frayed nerves here on wall street as the global stock bluntschli volatility in its wake yesterday we had this single biggest one day drop on the dow jones on friday the dow opened up twenty five thousand this morning in the low twenty three thousand nap that fell on the poor percent