It’s a new approach to ensuring that its clients remain as unhappy with the bank as possible.
Aside from the inherent irony, this might not be the worst idea.
Stephen Calk is alleged to have done some very dumb corruption.
Is SoFi the Theranos of Fintech?
Angelo Mozilo is having schadenfreude for breakfast.
Go buck wild: Daddy Lippman's paying.
Remember, back in 2009, when Phil Falcone realized he'd forgotten to set aside enough cash to cover his taxes and came up with the idea to loan himself the money from a gated investor fund? And investors got all bent out of shape about it and the SEC did too? If the former was looking for some sort of an apology and the latter was looking for some show of groveling (in an attempt to avoid paying a fine/have a judge rule he can't come within 200 feet of a public company sorry), sorry, 'cause Phil's not sorry.