Why the Wells Fargo Scandal Shows the Need to End Forced Arbitration
Another day, another scandal at the big banks. Since the financial crisis, banks like Barclays and UBS have been caught manipulating interest rates; J.P. Morgan has reluctantly handed over billions for its association with Bernie Madoff, illegal hiring practices, and lax oversight of its own traders among its other misdeeds; while Goldman Sachs has been …
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