Carrie Tolstedt, the Wells Fargo Bank executive in charge of the unit where employees opened more than 2 million unauthorized customer accounts – thereby committing “unfair and abusive practices under federal law,” according to the head of the U.S. Consumer Financial Protection Bureau -- is not being fired. Instead, she's leaving the bank with a pay package of $124.6 million.
This is unfair and needs to be addressed. We have to hold these high street robbers accountable.