My blog

My blog

Stacks Image 1384963

Staring at our own reflection

This week has seen developments in two major corporate scandals, one on each side of the Atlantic. Last Thursday US bank Wells Fargo was fined $185m for creating more than two million unauthorised bank and credit card accounts for customers, and moving funds from customers’ existing accounts into these newly-created ones without their knowledge or consent in order to incur substantial charges. The bank admitted to firing 5,300 employees for this illegal and unethical activity, which had become systemic.

Read More...

© 2018 James Souttar