Should Investors Forgive Wells Fargo's Bad Behavior?
When you consider Wells Fargo's (NYSE: WFC) fake accounts scandal, where more than 3 million accounts were fraudulently opened under customers' names, as well as the bank's other scandals involving auto insurance, mortgage rates, and more, one thing is for certain. This is a bank that behaved very badly in the not-too-distant past.
On the Jan. 11 Fool Live recording of our Industry Focus: Financials podcast, a viewer asked whether investors are just supposed to "forgive" Wells Fargo's numerous scandals. Here's a video clip of what Fool.com contributor Matt Frankel, CFP, and host Jason Moser had to say about it.
Source Fool.com
