What significant findings were revealed in the new review conducted by Wells Fargo?
Wells Fargo Finds More Fake Accounts
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Business, Religious Studies, Other, Social Studies
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University
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Hard
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The transcript discusses Wells Fargo's review of accounts, revealing 3.5 million bogus accounts. It highlights the geographical concentration of the issue, management changes, and Warren Buffett's involvement. Senator Warren criticizes the board, and the role of the CFPB is debated, with Republicans questioning its effectiveness.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How many bogus accounts did Wells Fargo find in their review?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What geographical areas were mentioned as having a concentration of bogus accounts?
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4.
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3 mins • 1 pt
What was the response of Senator Elizabeth Warren regarding the board members during the time of the scandal?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What criticism did the CFPB face in relation to the Wells Fargo scandal?
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