Wells Fargo Fraud & Criminality, and How They’ll Get Away With It – The Majority Report

In this Majority Report clip, Sam Seder and David Dayen discuss the recent Wells Fargo scandal during which the bank incentivized its employees to set up fake accounts along with various other fraudulent activity. About 5,300 low-level employees lost their jobs, and because of (fraudulent) arbitration clauses, it doesn’t look like the individuals that were defrauded during the bank’s misdeeds have a way to seek redress.