Warren to Stumpf: Have Your Resigned, Returned Money?

Warren to Stumpf: Have Your Resigned, Returned Money?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses accountability issues at Wells Fargo, focusing on the CEO's lack of resignation, failure to return earnings, and not firing senior executives. It highlights the bank's cross-selling practices, which were used to inflate stock prices, and the CEO's personal financial gains during the scandal.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the CEO's stance on the cross-selling strategy during the earnings calls?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the overall impact of the cross-selling strategy on Wells Fargo's stock price?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did the value of the CEO's stock holdings increase during the scandal?

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