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Replay Program

Politics

VERBATIM: Sen. Warren eviscerates Wells Fargo CEO

Opening sequence

Opening sequence

Politics

VERBATIM: Sen. Warren eviscerates Wells Fargo CEO

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13:41
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COMING UP:VERBATIM: Sen. Warren eviscerates Wells Fargo CEO

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Transcript

00:00:00
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00:00:07
But you squeezed your employees to the breaking point, so they would cheat customers, and you could drive up the value of your stock and put hundreds of millions of dollars in your own pocket. And when it all blew up, you kept your job, you kept your multi-million dollar bonuses, and you went on television to blame thousands of $12 an hour employees who were just trying to meet cross-sell quotas that made you rich.
00:00:39
This is about accountability. You should resign. You should give back the money that you took while this scam was going on, and you should be criminally investigated by both the Department of Justice and the Securities and Exchange Commission.