Cramer Calls Wells Fargo A ‘Rogue Financial Institution’ After Revelations Of Over 1,000,000 Greater Faux Accounts

“They thought they got to the bottom of it but they left out a million accounts,” Cramer said.
CNBC’s Jim Cramer called Wells Fargo a “rogue bank” on Thursday after the bank said it uncovered much more potentially unauthorized consumer and small-business accounts than originally thought.
On Thursday, Wells Fargo said its review of 165 million retail accounts opened from January 2009 to September 2016 identified 3.5 million as potentially unauthorized, up from 2.1 million accounts identified in a narrower review.
In June, Warren called for the ouster of 12 board members at Wells Fargo due to the fake accounts scandal.
“Cramer added that perhaps Sen. Elizabeth Warren, who has been tough on Wells Fargo, had a point.

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