wells far go ceo john stumf says the blame is on the workers, not the bank.rlie, this is not a surprise. this is a culture of these banks. is it not? charlie: it's not suppose to be. i don't want to get into cultures and whether banks are set up to rip people off. but i will say two things. where is warren buffet on this story? because this guy talks about every scam in the world and it's weird this fight, don't get on his radar. but i think what we'll see is something i have been talking about a long time. these banks are too big to manage. there was a lot of scandal and scams going none the 1990s. they never really touched the ceo. it's unclear if he was directly involved. there was a couple things where he might have known about analysts pumping up stock recommendations. they never brought cases against him. but one of the problems with prosecuting the ceo is these banks are so big, prosecuting jamie dinan. here we are 8 years. gary: that gets to the board of directors. the ceo is going to make 19, 20, million. melissa: within the bank what kinds of incent

wells fargo is one of them lower for a sixth consecutive day, the heat intensifying on ceo john stumf who will be testifying on capitol hill to talk about fake account scandals. >> so wells fargo waits its hearing next tuesday the bank was dealt a further blow as it emerged they would have to face an additional hearing in front of the house financial services committee, a date for which is yet to be set. wells share price has declined 9% since the news of the fine relating to misselling of accounts to consumers broke late last thursday. shifting focus to another bank. if you thought that decline was bad check out shares of deutsche bank closing down just today as news leaked that the german lender is facing a fine up to 14 billion in response to mortgage backed securities fraud. an issue that has seen america's biggest banks fined. the decision was expected but the potential size of the fine a surprise. the final sums paid were significantly below initial leaked numbers and deutsche bank expects final fine to be less. >> a very high number. this was the case with other banks with our