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Wells Fargo Is Too Big To Manage


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Wells Fargo Is Too Big To Manage

Public Citizen

WASHINGTON - Public Citizen has filed a first-ever shareholder resolution (PDF) at Wells Fargo calling for a breakup study in the wake of the bank’s massive fraud. The resolution, submitted Thursday by Bartlett Naylor, financial policy advocate for Public Citizen’s Congress Watch division, asks the Wells Fargo board of directors to retain independent experts to explore whether the company would be worth more in parts, with the FDIC-insured bank separate from other divisions.

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