How to deal with senior bankers who go wrong.

This introduction needs no introduction, just watch it!

 

About henry tapper

Founder of the Pension PlayPen, Director of First Actuarial, partner of Stella, father of Olly . I am the Pension Plowman
This entry was posted in pensions and tagged , , , , , . Bookmark the permalink.

4 Responses to How to deal with senior bankers who go wrong.

  1. I want Elizabeth Tapper on my side

    Who among our UK politicians can match this? I don’t see any candidates out there at the moment

    Liked by 1 person

  2. DaveC says:

    I’m not sure exactly what Wells Fargo has been mis-selling, but to me it sounds like retail investors buying snake oil, and Wells Fargo bumping their stock value based on higher account sales?

    Not exactly the end of the world.

    But it’s a nice bit of pantomime that makes you go misty eyed, making you feel like your government does something for you against “nasty” bankers.

    Lets just look over the hundreds of billions of wealth destruction the central bankers are forcing onto everyone who holds any national fiat currency they hold right now via nirp, zirp or QE… or helicopter money for corporates.

    Liked by 1 person

  3. henry tapper says:

    They set themselves a target of getting each customer to have 8 accounts (8 is great). Having hard sold their way up to about 6, some of the management team started setting up fake accounts that impressed the analysts and kept the stock price high.

    Not so much mis-selling as stock-price manipulation (according to the Senator)

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s