Archive | Dirty Rotten Scoundrels

More banks were using scams. Imagine that.

THE WELLS FARGO SCAM............

I figured as much, especially the rearranging of debit card charges for overcharge fees. I’ve had that happen to me:

Most Americans were shocked when they learned that thousands of Wells Fargo employees had opened millions of fake accounts.
People who work at other banks weren’t surprised at all.
Nearly a dozen current and former employees at large and regional banks such as Bank of America (BAC), Citizens Bank, PNC (PNC), SunTrust (STI), and Fifth Third (FITB) tell CNNMoney that a sales obsession pervades their banks. They say they too are under immense pressure to get customers to open multiple accounts.
They described a focus to push as many different products — think debit cards or new online accounts — as they can, an industry practice known as cross-selling.
“Wells Fargo is not the exception (with its) absurd sales culture,” said one former manager of two large regional banks.
Related: 5,300 Wells Fargo workers fired over 2 million phony accounts
‘Industry-wide problem’
No other major banks have been accused by regulators of widespread opening of phony accounts like Wells Fargo (WFC) has been.
But Thomas Curry, one of the country’s chief banking regulators, said that “banks are under enormous margin pressure. That could be a bad environment.”
Curry, the head of the Office of Comptroller of the Currency, told a Senate panel this week that the agency is investigating whether other banks have employed high-pressure sales tactics that led to fake accounts.
One former banker at a regional bank told CNNMoney he witnessed the practice at his company.
“The customers wouldn’t even know,” said the banker, who insisted his name not be used. “Wells Fargo isn’t the only one. This is an industry-wide problem.”
Another scam this banker witnessed involved employees rearranging debit charges on customer accounts to maximize the size of the overdraft fees they experienced.

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Wells Fargo whistleblowers were fired

Wells Fargo CEO To Address Accounts Scandal Before Senate Panel

This guy will never get another job in banking, either:

“They ruined my life,” Bill Bado, a former Wells Fargo banker in Pennsylvania, told CNNMoney.

Bado not only refused orders to open phony bank and credit accounts. The New Jersey man called an ethics hotline and sent an email to human resources in September 2013, flagging unethical sales activities he was being instructed to do.

Eight days after that email, a copy of which CNNMoney obtained, Bado was terminated. The stated reason? Tardiness.

One former Wells Fargo human resources official even said the bank had a method in place to retaliate against tipsters. He said that Wells Fargo would find ways to fire employees “in retaliation for shining light” on sales issues. It could be as simple as monitoring the employee to find a fault, like showing up a few minutes late on several occasions.

“If this person was supposed to be at the branch at 8:30 a.m. and they showed up at 8:32 a.m, they would fire them,” the former human resources official told CNNMoney, on the condition he remain anonymous out of fear for his career.

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Guy who taught GOP to call Democrats ‘sick corrupt liberal traitors’ very :( about mean election

Eastern Diamondback Rattlesnake (Crotalus adamanteus)

Trust in meOnce there was an evil genius – not like this other guy who is in fact not an evil “genius” at all – who was very good at this sorcery of “communications.” With just some words, he was able to install Newt Gingrich – Newt Gingrich! LOL! – as speaker of the House, with… Continue Reading →

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Bridgegate recap

George Washington Bridge

Yesterday, we found out that Chris Christie and aide Regina Egea, despite their statements to the contrary, were texting during testimony at the New Jersey legislative hearing on Bridgegate. Details here:

But newly disclosed phone records – supplied by AT&T to the New Jersey legislature and obtained by WNYC – show that Christie’s current Chief of Staff, Regina Egea, communicated by cell phone with Gov. Christie 12 times during that hearing on December 9, 2013. The Governor initiated the contact, about 30 minutes into the testimony, and sent a total of three texts to the aide. Egea replied nine times before the testimony concluded. The records show only one other text from Egea to Christie that month, on Christmas Day.

A timeline of the testimony, created by WNYC based on recordings of the hearing and tweets sent that day, shows that around the time of the text messages, witnesses delivered some of their sharpest blows to the Christie administration’s version of the Bridgegate events.

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Donald Trump has blind trust issues

Trump offers 'condolences' for Chelsea blast that killed no one – New York Daily News

So Newsweeks’ Kurt Eichenwald did that blockbuster piece last week about the insane foreign policy conflicts presented by Trump’s business interests, which most of the media promptly ignored in favor of assorted nonsense. This is his followup:

Like a political Elmer Gantry, Donald Trump goes from city to city, proclaiming that only he can save America, spinning outrageous statements and spewing lies before heading off to his next revival meeting. Serious questions about his candidacy for the presidency are left unanswered or buried under a flurry of deceit. Confronted with the recent Newsweek… Continue Reading →

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Judge goes after Texas after they defy previous voting rights order

GregAbbott_4814

As most of you already know, the voting suppression tactics have kicked into high gear this year. (Maybe because they’re so worried.) And because recent polls have shown a tiny glimmer of Democratic hope in Texas, why, Greg Abbott is willing to defy a federal judge. He’s not getting away with it:

Earlier this month, the Justice Department informed a federal court that Texas is violating a recent court order that sought to keep the state from disenfranchising voters. After an appeals court struck down the state’s voter ID law, a common form of voter suppression favored by conservative lawmakers, the state agreed to be bound by an order that would permit voters to cast a ballot in the 2016 election if they “cannot reasonably obtain” photo ID.

Despite this order, Texas published press releases, voter education materials, and training manuals for poll workers that effectively stated that a voter without ID cannot vote unless it is literally impossible for that voter to obtain a photo ID. Thus, for example, a voter who had to make multiple day long trips to a government office and make burdensome document requests to obtain an ID would not be able to vote, under Texas’ standard, unless that voter was willing to jump through all of these considerable hoops.

On Tuesday, Judge Nelva Gonzales Ramos, the judge overseeing this case, weighed in on Texas’ defiance of the court order. And, if the order she issued on Tuesday is any indication, she’s pissed.

For one thing, as the Huffington Post’s Cristian Farias notes on Twitter, Judge Ramos’ Tuesday order is stronger than a proposed order drafted by some of the plaintiffs in this case. The proposed order would have largely clarified that the court’s original order meant what it said. Judge Ramos’ Tuesday, order, by contrast, requires Texas to take several specific actions. It also subjects Texas to a kind of federal supervision similar to the oversight it faced before conservatives on the Supreme Court gutted a key provision of the Voting Rights Act.

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Elizabeth Warren kicks Wells Fargo CEO’s ass

This was a thing of beauty, to watch Sen. Warren give this guy the treatment he deserves:

And if you really want to torture yourself, you can watch her interview last night with Rachel Maddow in which she says that yes, there were criminal referrals against banks in the 2008 crash — and she wants to know why the FBI didn’t charge them:

Now, I have long since accepted that Obama believed what was left of the financial and economic system would not survive criminal charges. Who knows? I was not in his position, I don’t know. But I do know he told the American people there was nothing that rose to the level of criminal acts.

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Trump idiot: Something seem ‘different’ about this Obama fella to you guys?

RNC Masters in Politics Alex Castellanos Episode

Also, he doesn’t have a good American-sounding name like ‘Castellanos’ Thank goodness the Trump campaign has put that whole “birther” thing behind it with Donald Trump’s 30-second disavowal of the whole thing, which was Hillary Clinton’s fault anyway. But you know, the fact remains that this Barack HUSSEIN Obama sure is a lot different from real… Continue Reading →

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All those things reporters don’t ask because Hillary is shrill

Cassidy Wolf, Miss Universe 2013 Gabriela Isler, Donald Trump, and Miss USA 2013 Erin Brady

Trump is deep enough with mob guys that none of the media orgs want to take them on:

How did an alleged and notorious Russian mobster connected to an illegal international gambling ring run out of Trump Tower end up as a special guest at a Donald Trump event in Moscow in 2013? This may be one of the odder questions of the already-odd 2016 presidential campaign.

On April 16, 2013, federal agents burst into a swanky apartment at Trump Tower in New York City as part of a larger raid that rounded up 29 suspected members of two global gambling rings with operations allegedly overseen by a supposed Russian mob boss named Alimzhan Tokhtakhounov. The Russian was not nabbed by US law enforcement. Since being indicted in the United States a decade earlier for allegedly rigging an ice skating competition at the 2002 Olympics, he had been living in Russia, beyond the reach of Western authorities. And this new gambling indictment did not appear to inconvenience Tokhtakhounov. Seven months after the bust, he was a VIP attendee at Donald Trump’s Miss Universe 2013 contest held in Moscow. In fact, Tokhtakhounov hit the red carpet within minutes of Trump. An alleged crime lord who was a fugitive from American justice was apparently a celebrity guest at Trump’s event.

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