Here is the Half Truth: Executives Don’t Know What is Going On

An article in the Washington Post titled “Ex-loan officer claims Wells Fargo targeted black communities for shoddy loans” includes a number of “he said, she said” claims. In this case “she”, a former loan officer, claims the bank deliberately pushed people into signing contracts for subprime mortgages. “He” is the bank’s spokesman, who denies the claims. Can they both be right?

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