Paid government $160 million in fines/forfeitures and got billions of taxpayer dollars.
"Wachovia was acquired by Wells Fargo during the 2008 crash, just as Wells Fargo became a beneficiary of $25bn in taxpayers' money."
remember when one of the largest U.S. banks was caught laundering drug money from Mexican gangs? https://www.theguardian.com/world/2011/apr/03/us-bank-mexico-drug-gangs
i wonder how many drug money laundering schemes are being facilitated by banks today 🤔
Paid government $160 million in fines/forfeitures and got billions of taxpayer dollars.
"Wachovia was acquired by Wells Fargo during the 2008 crash, just as Wells Fargo became a beneficiary of $25bn in taxpayers' money."
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