The NYT reports another windfall for the banksters in today’s top story.
Wells Fargo reported $4.8 billion in revenue from its mortgage origination business in the first six months of the year, an increase of 155 percent from $1.9 billion in the first six months of 2011.
So what’s a CEO make at this level of the finance business?
Chairman and Chief Executive John Stumpf received compensation valued at $19.8 million last year.
Is anyone out there feeling a trickle yet? …anyone? …even a little?
