I need help with business class

Instruction:

QUESTION(s):

What ethical issues surfaced in 2016 at Wells Fargo Bank? Why do you think it/they happened?  If you were an employee at WF, what would you do now based on these ethical issues and actions from 2016?

Your initial answer needs to be posted by Thursday 2355 and then you need to comment on and discuss 3 others' answers, this is where you either agree, disagree, challenge what others say and defend yours or theirs.

Your initial post should be 2-3 paragraphs, OK to use additional references other than the text and your 3 peer posts should be 1-2 paragraphs each.



NOTE:

This is an example of one my classmates done it

In 2016, Wells Fargo put tremendous pressure on their branches to sell more accounts. Their employees were expected to reach extreme sales goals that were unreasonable in a short period of time. Many employees created fake bank accounts for unsuspecting customers to make more money and meet their goals. On top of this, whistleblowers were fired for sharing this information to the ethics hotline and their bosses. Since the scandal occurred, Wells Fargo has had to pay back millions of dollars to customers and through various fines.


I think this happened because of a lack of creativity in upper management. Many companies find ways to grow their company without resulting to stealing from customers. Wells Fargo must have felt the pressure from other banks that were more successful and placed that pressure on their employees. There is no excuse for being unethical, especially when people are so dependent on their bank. They have broken trust with their customers, as well as many other potential customers. 


If I was an employee during this scandal, I would have quit immediately. I would not want to be associated with Wells Fargo. These ethical issues go deeply into the company and if I cannot trust my employer, I do not want to work for them.