Silver as an investment

Wells Fargo CEO John Stumpf To Retire Effective Immediately

zerohedge.com / by Tyler Durden / Oct 12, 2016 5:03 PM

The most anticlimiatic and predictable outcome to the biggest banking scandal to rock Wall Street in recent years, Wells Fargo;s fraudulent creation of 2 million (or more) fake customer accounts, has just concluded in the only possible way: with CEO and Chairman John Stumpf retiring.  

The stock has jumped on the news, up 2% in the after hours.

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