Robert Reich: Here’s How Big Bank and Pharma CEOs Get Away With Fraud and Greed

‘Last week, Congress engaged in a bipartisan barrage of CEO bashing.
The Senate Banking Committee assailed Wells Fargo CEO John Stumpf for pushing employees to create as many as two million bogus bank and credit card accounts without customer’s consent – making customers pay overdraft and late fees on accounts they never knew they had.
Louisiana Republican David Vitter pressed Stumpf on when he knew about the wrongdoing. “In 2011, about 1,000 employees were fired over this,” said Vitter, incredulously, “and you were never told about that?”’
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