3/27/23: The Irony of Today's Banking Crisis episode artwork

EPISODE · Mar 27, 2023 · 8 MIN

3/27/23: The Irony of Today's Banking Crisis

from THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · host Ric Edelman

It's Monday, March 27th, and I am astonished that Wells Fargo is paying yet another $300 million to settle yet another class action lawsuit. In this particular case, this lawsuit alleged that the bank forced hundreds of thousands of its customers to buy unnecessary insurance when getting an auto loan. This is just the latest in a long string of financial fines and lawsuits, settlements that Wells Fargo has incurred since 2000. ----- Links from today's show: Wells Fargo agrees to pay $300 million to settle with shareholders over auto insurance disclosures Brought to you by: Global X ETFs Invesco QQQ Schwab ----- Subscribe to podcast updates The Truth About Your Future website The Truth About Crypto Have a question for Ric? Follow Ric on social media: Facebook Twitter YouTube Instagram Disclosure page -----

It's Monday, March 27th, and I am astonished that Wells Fargo is paying yet another $300 million to settle yet another class action lawsuit. In this particular case, this lawsuit alleged that the bank forced hundreds of thousands of its customers to buy unnecessary insurance when getting an auto loan. This is just the latest in a long string of financial fines and lawsuits, settlements that Wells Fargo has incurred since 2000. ----- Links from today's show: Wells Fargo agrees to pay $300 million to settle with shareholders over auto insurance disclosures Brought to you by: Global X ETFs Invesco QQQ Schwab ----- Subscribe to podcast updates The Truth About Your Future website The Truth About Crypto Have a question for Ric? Follow Ric on social media: Facebook Twitter YouTube Instagram Disclosure page -----

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3/27/23: The Irony of Today's Banking Crisis

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This episode was published on March 27, 2023.

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It's Monday, March 27th, and I am astonished that Wells Fargo is paying yet another $300 million to settle yet another class action lawsuit. In this particular case, this lawsuit alleged that the bank forced hundreds of thousands of its customers to...

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