Another CFO Departure. Wells CFO jumps ship. There is speculation that he is leaving for more than just personal time. However, the arguments might be true but there is no reason for anyone with the TBTF banks to be worried about repercussions for their behavior. The government and the banks have managed to twist the law, twist the books and change the accounting rules long enough to get politicians too worried about their next election to push hard for bank accountability.
Read the full story here. Wells Fargo CFO’s Departure Might Not Have Been About Just Needing A Little Me-Time