Wells Fargo Sold Unwanted and Unnecessary Auto Insurance
Wells Fargo, one of the largest banks in the United States, is attempting to repair its image following a scandal in which its employees made millions of credit card and bank accounts that customers had never requested. Over 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they did not need. Some … [Read more...] about Wells Fargo Sold Unwanted and Unnecessary Auto Insurance
WorldCom Loans Could Haunt Ebbers
WorldCom Loans Haunt Former CEO. Bernie Ebbers has so far been notable by his absence from the parade of ex-WorldCom executives who have appeared in court in relation to the telecommunications group's collapse. But the former chief executive was this week thrust into the spotlight following the publication of details of loans worth … [Read more...] about WorldCom Loans Could Haunt Ebbers
Suit Links Loans, WorldCom Stock
WorldCom Stock Allegations. Citigroup business units lent $134 million to a company owned by former WorldCom CEO Bernie Ebbers, but the financial-services giant on Monday denied allegations that its relationship with Ebbers motivated it to publicly tout WorldCom stock. The allegations were made in a lawsuit filed by New York state … [Read more...] about Suit Links Loans, WorldCom Stock
