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Wells Fargo Ethics case study
Questions:
1.Should employee pay be linked to sales target?
2. Should the practice of cross-selling be eliminated?
3. What other steps could Wells Fargo have taken ahead of time to avoid the problems that it faced?
4. Should senior executives Carrie Tolstedt and John Stumpf have been financially penalized by the company?
5. How important is it to have regulators like the Securities and Exchange Commission or congress involved in the oversight of the situations such as that at Wells Fargo?
What motivated Congress to pass The Investment Company Act (ICA) or 1940 and did it achieve its objective?
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