Wells Fargo scandal is just the beginning… here’s what else they’re hiding–

On Thursday, Wells Fargo admitted to secretly creating millions of bank and credit card accounts over the past 5 years without their customers’ knowledge or consent. 

They would typically create, say, a new savings account for a customer, then transfer funds from his/her existing checking account into the new bogus savings account without ever once asking permission.

DYI Comments:  The article didn't go into what else they're hiding as the headline implies.  Be as that is it is simply another round of bankers completely out of control.  Most likely all they will receive is a small fine, nobody goes to jail, and is business as usual.  The super banks of New York including Wells Fargo which is now more of an east coast bank all need to be cut up.  Yes - trust bust them - into 7,500 to 10,000 new banks.  Plus its time to rid ourselves of the Federal Reserve which has no reserves and is more private than federal.

DYI