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Is Jim Cramer Right About Wells Fargo?

TheMotleyFool

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Jim Cramer appears to have had enough of Wells Fargo (NYSE: WFC) in the wake of the bank's latest revelation that its employees potentially opened more than a million more unauthorized accounts than the bank had previously disclosed.

The bank had estimated last year that 2.1 million unauthorized accounts had been opened for customers between 2011 and 2015. But its latest estimate, reported after a third-party review, places the figure at 3.5 million dating back to 2009.

"This is a rogue bank," Cramer said on Thursday.

Source: Fool.com

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