TagGhost Accounts

Puncturing the Golden Parachute

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Revisiting Executive Compensation in the Wake of Wells Fargo   In early September, news broke that Wells Fargo & Co., an American financial services company, had opened as many as two million unauthorized bank accounts in its customers’ names over the past several years. These so-called “ghost accounts” reaped unwarranted bank fees for the company and allowed Wells Fargo employees to...

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