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  • Sep 13, 2016 @ 01:15am

    Wells Fargo Head Community Banking Gets $124 Million, Shareholders Fined $185 Million As 5300 WF Wage Slaves Lose Job

    FORTUNE MAGAZINE (reprinted on TIME Magazine's web site)
    (C) 9-12-16 by Stephen Gendel headlined: "Wells Fargo Exec Who Headed Phony Accounts Unit Collected $125 Million"

    Now, if that headline read: "Head of Wells Fargo Receiving $124 Million While Shareholders Fined $185 Million"

    WF CEO's Name Rhymes With Mein Trumpf

    Familiarize yourselves with the term: CLAW BACK
    When Commie Rags like FORTUNE & TIME (LLC) start flinging it around, even the cronies in Crony Capitalism have shown they are mad as hell and are not going to take it anymore... The Pathetic Body Politic without one broadcast channel not captured by corporate underwriting and so without any ability to use Mass Communications to educate and inform the body politic while being insulated from MARKET FORCES illustrates to what degree the corporate coup is indeed complete.

    If you already know about the work of such journalists and academics who've written and spoken on this, like Chris Hedges, Sheldon Wolin, Gretchen Morgenson, James Stewart, Alfred Stieglitz, Nouriel Rubini, Richard Wolff and Neo-Liberal E-CON OUTCOME Analysts such as Canadian journalist Naomi Klein (CBC is insulated from MARKET FORCES) nothing about demanding CLAW BACK as a token first step DEMAND TO RESTORE THE SOCIAL CONTRACT.

    Just as soon as U.S. Taxpayers Claw Back Former Clinton Treasury Secretary turned Citi Bancorp Exec Robert Rubin's $126 Million Dollar Compensation Package, as Wikipedia reports on his Wiki page:
    " He (Robert Rubin) received more than $126 million in cash and stock during his tenure at Citigroup,[5] up through and including Citigroup's bailout
    by the U.S. Treasury."

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