I had pointed out the ironic choice of The Wells Fargo Center as the venue for the DNC convention and Hillybob coronation ceremony only because it was humorous to me that the “most progressive” party would hold their convention at a place sponsored by big banking. You can read my original post about the DNC’s choice of location here.
Wells Fargo, the sponsor of the venue was recently fined $185,000,000 for opening more than 2 MILLION fraudulent bank and credit card accounts without customers’ knowledge or consent.
My first post seems somewhat prescient, given all of the secrecy and deception that surrounds the DNC and their candidate, that Wells Fargo is just as sneaky.
I find it interesting that Wells Fargo fraud wasn’t caught by the Feds who have oversight of the banking industry. A reporter brought it to the Feds’ attention after he received complaints from consumers and had done his own investigation. Wells Fargo says that they have gotten rid of the bad apples by firing 5300 managers and employees. The highest level employee affected was allowed to retire and keep $123,000,000 in stock and bonuses. Not a bad parting gift, if you were to ask me.
The sad part about the piercing of the veil of secrecy surrounding the DNC is that it was only through the hacked emails published by Wikileaks that any of this came to see the light of day.
I wonder if President Hillybob will claim as did President Obama to have the most transparent administration ever.
Hmmm, maybe they use “transparent” to mean that you can see what’s beyond, but not necessarily what’s right in front of your eyes?