Senator Elizabeth Warren Grills Wells Fargo CEO John Stumpf On WFC Cross-Selling | CNBC

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Күн бұрын

Пікірлер: 114
@213DOGFA
@213DOGFA 8 жыл бұрын
I worked for Wells. everything she is saying is true.
@julianboakye8993
@julianboakye8993 6 жыл бұрын
ERIC GRAVES I worked for Wells and everything is false !
@philipmclaughlin9636
@philipmclaughlin9636 6 жыл бұрын
@@julianboakye8993 How was it false?
@DelAlmo
@DelAlmo 4 жыл бұрын
Julian Boakye Fuccin sheeple
@rodanhibiki5980
@rodanhibiki5980 5 жыл бұрын
She got RECEIPTS
@MVR326
@MVR326 6 жыл бұрын
Holy crap...She turned him into DUST
@Rafael_123abc
@Rafael_123abc 8 жыл бұрын
Elizabeth Warren certainly did her homework. Impressive!
@gordonadams5891
@gordonadams5891 5 жыл бұрын
She always does her homework for these hearings. 2e need more in Congress like her.
@MargoChanning
@MargoChanning 5 жыл бұрын
#WARREN2020
@pew9277
@pew9277 5 жыл бұрын
@@gordonadams5891 To bad she didn't do her homework before spouting off about being Native American. It made her look stupid. Also they checked her ancestry and found out Warren's ancestors were actually in the military hunting down capturing and killing Seminole and Cherokee Indians. Some were in Tennessee. Could have killed some of my Native American people. She doesn't have the guts to be president.
@LightestKing
@LightestKing 4 жыл бұрын
@@pew9277 I blame her parents for that more as I've seen it happen before, I once had a teacher who was always told he was German and Polish but when he took a DNA test he was mostly Ukrainian and Israeli so I understand people not questioning and being proud of what they've been told all their life plus she did have native ancestry 6-10 generations ago, and despite research I've found nothing that says she was related to hunters unless you can provide me with an article and not just hearsay
@maxtechmax
@maxtechmax 3 жыл бұрын
Hi Rafa!
@leefroml.a.8679
@leefroml.a.8679 5 жыл бұрын
She is methodically and calmly destroying him in front of everyone. Wow
@StBarts-hn1qw
@StBarts-hn1qw 8 жыл бұрын
Go Elizabeth Go!!
@NateLeeGriggs
@NateLeeGriggs 4 жыл бұрын
“But you set the target at, 8 is GREAT.” You would think a CEO would have a better reasoning for wanting customers to have 8 accounts. Df he thought he was? Tony the Tiger 😂😂😂
@justamusta
@justamusta 5 жыл бұрын
Warren is a badass cloaked as a kindergarten teacher. .
@dawnvalentine74
@dawnvalentine74 5 жыл бұрын
That is the BEST description of her that I've seen someone make. 👍
@LeslieGMN
@LeslieGMN 4 жыл бұрын
I agree!!!
@daraquane5722
@daraquane5722 3 жыл бұрын
A total badass who doesn’t care if she’s not in with the fold
@freeroamer9146
@freeroamer9146 3 жыл бұрын
Too bad. You could have learned so much from your Dad!
@DomLander
@DomLander 8 жыл бұрын
WARREN 2020!!! That is all. 😊
@DanielValdes
@DanielValdes 6 жыл бұрын
Dom Lander this aged beautifully
@goldene9339
@goldene9339 5 жыл бұрын
Get em girl💪
@Angelito_Noreaga
@Angelito_Noreaga 5 жыл бұрын
Eight rhymes with great? Genius! Give that man a hefty bonus.
@muntaharc4750
@muntaharc4750 4 жыл бұрын
Who else is watching this after the last night #DemDebate "Titanic meets Iceberg": Bloomberg getting brutally destroyed by Elizabeth Warren
@TheCMnews
@TheCMnews 8 жыл бұрын
SLAYED.
@NeilCrouse99
@NeilCrouse99 8 жыл бұрын
To funny, all this guy can do is blink fast and swallow.
@mikenadal9242
@mikenadal9242 7 жыл бұрын
Canadians too could use an E.W. of our own!
@raybland7990
@raybland7990 5 жыл бұрын
I love Elizabeth Warren! She fights big business financial crimes.
@homeontherange733
@homeontherange733 8 жыл бұрын
I love this women. Great stuff. Now run for President already:)
@iheartchickss
@iheartchickss 6 жыл бұрын
she is hehe
@rabeeaasif9453
@rabeeaasif9453 5 жыл бұрын
She is now
@Ladymultiverse
@Ladymultiverse 5 жыл бұрын
Hahah yes! You called it :)
@NeilCrouse99
@NeilCrouse99 8 жыл бұрын
WTF,... KEEP GOING
@phx4closureman
@phx4closureman 5 жыл бұрын
3:56 WOW.... Wells CEO himself held 7M shares which increased in value by $200M, eh??? 😲😲😲😲😲😲
@Peter-rt3fl
@Peter-rt3fl 5 жыл бұрын
It's actually considered a good thing when the CEO owns stocks of the company, since their job is to generate profits and thus increase the stock price. When they own stocks, their incentives and those of the shareholders are generally aligned.
@alzhang74
@alzhang74 4 жыл бұрын
Watching Netflix Dirty Money. What WF executives did are unacceptable.
@aybee63
@aybee63 4 жыл бұрын
In September 2016, Wells Fargo was fined $100 million by the Consumer Financial Protection Bureau, $50 million by the Office of the Comptroller of the Currency and $35 million by the city and county of Los Angeles, for opening two million checking and credit-card bank accounts without the consent of its customers. 2 million accounts! Without the consent of its customers! And he got off lightly!!!
@guillotinepod9988
@guillotinepod9988 5 жыл бұрын
She could be the next president
@TheNorthHawk
@TheNorthHawk 4 жыл бұрын
I wanna see a Sanders-Warren or Warren-Sanders ticket. That'd be a dream come true. I prefer Bernie overall for his spotless record and focus on effective corporate taxation, but Warren's a complete badass, too. I just hope whichever of the two finally drops out in the Primaries sends their voters to the other with an endorsement.
@BlueBoyJocks
@BlueBoyJocks 8 жыл бұрын
Senator Warren you are my hero! Let's persecute this CEO, put him in jail for what he did!!!
@mortarstyle9290
@mortarstyle9290 4 жыл бұрын
expose them, we need accountability, you are an amazing lawyer,
@paulasalinas3
@paulasalinas3 5 жыл бұрын
BANG!! DROP THE MICROPHONE!
@cccs07
@cccs07 Ай бұрын
Worked for Wells from 2013-2017, never liked Elizabeth Warren, but she was completely correct here.
@jovankafudge3567
@jovankafudge3567 5 жыл бұрын
Please make it change right now by putting their butts in jail and taking back all that money they fraudulent made
@charlesm1899
@charlesm1899 8 жыл бұрын
and that should have been our first female POTUS ....!
@smittyd4801
@smittyd4801 6 жыл бұрын
Might still happen. Just wait for it.
@Motorcyclegymnast
@Motorcyclegymnast 4 жыл бұрын
Warren 2020
@bobreesjr9501
@bobreesjr9501 5 жыл бұрын
I worked for Wells Fargo Home Mortgage when I invented some of my inventions. I was an Application Systems Engineer 5 at their "Homebase" building in West Des Moines, Iowa before I resigned on March 30, 2011.
@teetitriascott7249
@teetitriascott7249 3 жыл бұрын
Wells Fargo has been & is famous for "ABOVE THE LAW"!
@donaleveck2417
@donaleveck2417 8 жыл бұрын
I wonder what Elizabeth thinks of Wells Fargo donations to the Clinton foundation? Wells Fargo, both the bank and its foundation, have given generously to the Clinton Foundation over the years. The bank has given between $10,001 and $25,000, and the foundation has given between $100,001 To $250,000. In 2011, former President Bill Clinton gave a speech to Wells Fargo for $200,000. That's your girl Libby!
@Only1Originals
@Only1Originals 3 жыл бұрын
The most unethical company in the world
@leothelion881
@leothelion881 6 жыл бұрын
Wells is crooked af
@jeromeschwartz3699
@jeromeschwartz3699 3 жыл бұрын
Classic Neoliberal Arguing Tactics - 101: Listen to the video, and pay close attention to his responses. Every question he was asked, was intended to investigate the problem to determine what caused it, but if you notice the way he responds, he *never* provides that information. Instead, he responds the way his P.R. firm instructed him to. For example; Senator Warren: Cross Selling is all about pumping up Wells’ stock price, isn’t it? Stumpf: No, Cross Selling is short-hand for deepening relationships. It’s very important to understand, THAT ISN’T WHAT HAPPENED!!!!!! He claims that Cross Selling is short hand for deepening relationships but, THAT’S NOT WHAT HAPPENED!!!! The customers got totally SCREWED by Cross Selling! He only says that to take the focus off of Cross Selling. ***AND IT WORKED*** It worked on the whole of this nation! Senator Warren was right but, the neoliberal denies reality. He wasn’t brought there to pretend that nothing is wrong. Something is OBVIOUSLY wrong. He was brought there to acknowledge that something is wrong, answer for why it happened, and offer assurances that it’ll never happen again. What does he do instead? He re-directs the focus from Cross Selling, to the workers who had to Cross Sell. Anyone would have done what those workers did, under the same circumstances. The circumstances were the problem, not the workers! I wish Senator Warren would have asked him, if the workers would have opened forged accounts, if Wells didn’t have the Cross Selling goals. The answer is obviously, of course not! Why am I pointing this out? Because, as long as we continue to allow billionaires to evade the truth, NOTHING IS EVER GOING TO CHANGE!!!!!!!
@WaterChleo
@WaterChleo 5 жыл бұрын
I want her to be my president so badly. SO BADLY.
@Ladymultiverse
@Ladymultiverse 5 жыл бұрын
Brandon R me tooo! 😭
@mikebaker6562
@mikebaker6562 3 жыл бұрын
Did anyone else see the strong arm frank azar at the end if your from Colorado you will know
@dominusnox8231
@dominusnox8231 5 жыл бұрын
Why is having multiple accounts considered a scam? Separate accounts for husband and wife plus a joint account for household budget. A savings account for emergencies. Two savings accounts for future car purchases. A holding account for investments. I'm at 7 and haven't even gotten to the kids yet.
@michaelgonzalez4176
@michaelgonzalez4176 5 жыл бұрын
The difference is your accounts were opened with your consent. They even opened credit card accounts without the customer's consent. Accounts like those carry annual fees - without the customer's consent.
@Ladymultiverse
@Ladymultiverse 5 жыл бұрын
They open accounts without people knowing!!!! Its a scam.
@spencerpoore5805
@spencerpoore5805 8 жыл бұрын
I am not sure wether to like or dislike. I like Elizabeth Warren but I own shares in Wells Fargo.
@oromoto
@oromoto 8 жыл бұрын
LOL, I guess it's time to sell...
@Mister006
@Mister006 8 жыл бұрын
Attend your stockholder's meeting and demand the answers to why they have done so much to destroy the value of your stock.
@julianboakye8993
@julianboakye8993 6 жыл бұрын
Give me money
@michaelgonzalez4176
@michaelgonzalez4176 5 жыл бұрын
@@robsten5387 you are right about being part of the conspiracy. I'd sell just on principle. But the death penalty for being a stockholder - really?
@BOOSETO
@BOOSETO 3 жыл бұрын
She should of brought this energy to the political race instead of trying to pretend she was hip and down to earth.
@skepticdoubter288
@skepticdoubter288 6 жыл бұрын
Nothing changed after all these Hearings on the banks. These Hearing were for show.
@Motorcyclegymnast
@Motorcyclegymnast 4 жыл бұрын
More like exposing wells fargo...
@MrGayle_
@MrGayle_ 5 жыл бұрын
Just here to see how well Kate McKinnon nailed her
@vincesacca5025
@vincesacca5025 7 ай бұрын
Relationships with the Deep Pocket boys...
@danielcabanilla5090
@danielcabanilla5090 5 жыл бұрын
What you have there in US Senate are Senators. But what we have in the Philippines is Iskul Bukol. How much I wish that our PAcquiao the "fighter", Sotto the "Comedian", Bato the "Rock of Good Faith", Amee Markos the frusrated royal heiress, Gordon the "lawyer" , etc will be like you there in US Senate.
@EditFrog541
@EditFrog541 4 жыл бұрын
One of the few respectable moments of Elizabeth
@zinaright
@zinaright 5 жыл бұрын
Obliteration
@robsten5387
@robsten5387 5 жыл бұрын
This message is to this great lady Elizabeth Warren. Next time you are questioning Mr. John Stumpf again, in addition the three questions you already asked Mr. John Stumpf , please ask this question too : "Will you be running for President of the Untied States next election ?.
@ronaldburse7610
@ronaldburse7610 5 жыл бұрын
Mr stumpf💪💪💪💪💛😭😭😭😭
@MrAllan9
@MrAllan9 5 жыл бұрын
A scammer attacking a scammer.
@billynomatz9233
@billynomatz9233 5 жыл бұрын
Didn’t her tribe attack Wells Fargo in the 1800’s ??...it’s not fair to attack again ??!!
@michaelgonzalez4176
@michaelgonzalez4176 5 жыл бұрын
Oh please. In the words of a great comedian Sebastian Maniscalco, "aren't you embarrassed"?
@billynomatz9233
@billynomatz9233 5 жыл бұрын
I’m afraid if you “hitch your wagon” to Elizabeth Warren (opps...sorry groan) you’ve got to except people taking the mick
@michaelgonzalez4176
@michaelgonzalez4176 5 жыл бұрын
@@billynomatz9233 I have no idea what you are talking about. Regardless, you've lost any credibility to able to articulate anything that merits consideration by anyone who would appreciate thoughtful rebuttals regardless of what side of the isle they stand for. Your not even funny.
@billynomatz9233
@billynomatz9233 5 жыл бұрын
Michael Gonzalez wow !!! Your on the warpath !!..hahahaha now admit it,that was funny !!
@davidto4964
@davidto4964 8 жыл бұрын
another 6 second soundbite from a politician. you could've endorsed bernie to help him out during the primaries but endorsed big banker clinton. all talk no action.
@kennymark
@kennymark 8 жыл бұрын
well Bernie endorsed Hilary too. In politics you gotta be on the winning side in ur party in order to advance your agenda. She got the CFPA setup under Obama. That would never happen under any Republican. So yeah it sucked she didn't endorsed Bernie but that's politics
@michaelgonzalez4176
@michaelgonzalez4176 5 жыл бұрын
I see that the video is actually 4:45. It seems that this "sound bite" should be considered pretty actionable. He doesn't run Wells anymore. And that is a good thing.
@danielcabanilla5090
@danielcabanilla5090 5 жыл бұрын
What you have there in US Senate are Senators. But what we have in the Philippines is Iskul Bukol. How much I wish that our PAcquiao the "fighter", Sotto the "Comedian", Bato the "Rock of Good Faith", Amee Markos the frusrated royal heiress, Gordon the "lawyer" , etc will be like you there in US Senate.
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