A Quote by Steve Eisman
I've always felt there was something wrong with Wells Fargo's culture, for a very, very long time.
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I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very successfully building its U.S. investment bank.
Wells Fargo's internal review only covers unauthorized accounts dating back to 2011. News reports and court documents suggest these problems might have existed long before then. The 2013 'Los Angeles Times' articles led to the L.A. city attorney's office investigation into Wells Fargo's sales practices.
A number of former Wells Fargo employees have described their work environment characterized by intense pressure to meet aggressive and unrealistic sales goals. In a 2010 letter to shareholders, Mr. Stumpf wrote that Wells Fargo's goal was eight products per customer because eight rhymed with great.
Wells Fargo had a glitch - the truth of the matter is they made a business judgement that was wrong. I don't think anything is fundamentally wrong.
Everybody who was involved in that culture [Wells Fargo] should be held accountable.
I was a lonely, frightened little fat kid who felt there was something deeply wrong with me because I didn't feel like I was the gender I'd been assigned. I felt there was something wrong with me, something sick and twisted inside me, something very very bad about me. And everything I read backed that up.
The cultural issues, I think, at Wells Fargo went very, very deep. They have to unwind these cultural issues.
It's very hard to reflect properly when you're still playing but the hundreds one - when I got my 23rd in Kolkata - felt the most special because it broke a benchmark that had stood for a very long time. It felt good to do something no Englishman has done before.
Our culture is a very diverse one, and I think now it is incredibly dangerous and very wrong to persecute Muslims and say there is something wrong with being a Muslim.
I don't know the extent to which they do business [ in Wells Fargo]. I just want to see how this thing continues to unfold and if they have a legitimately major change in their culture.
Something is very, very wrong with American culture. The signs are everywhere. I think the country is in almost terminal descent.
There's something called religion, and it was invented a long time ago by people who felt very out of control with their lives, who didn't know... why the sun always rose over the mountains.
I grew up weird - very sensitive and highly inhibited. I felt like I was born in the wrong time zone to the wrong people at the wrong place.
I've always been very politically interested from a very young age and I hadn't felt that was something I could begin to bring into my songwriting because I hadn't felt I'd reached the stage, that I had the skill with language enough, yet, to do that.
I think what happened with 9/11 is that people sort of felt that it came from nowhere. Whereas I think now we understand the roots are very deep. I say it's like revolutionary Communism, something that is going to have to be knocked out over a very long period of time. This strain of extremism continues to be very strong, whether it's in Afghanistan, or Somalia or Yemen, or any of these places.
A weird theory I have is we come from a suppressed culture. Ireland is one of the most invaded countries ever. I think the British started it very early, it could be like 800 that decided to come and show us out; and the Danes in the north. We've had a tough time and pretty much a similar culture would be the Jewish culture; they had a pretty hard time. They were being kicked around for a long, long time.
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