What were they thinking? Post Script

What were they thinking? Post Script
The Los Angeles Times reported this morning that Wells Fargo Bank had terminated Cheronda Guyton yesterday following a thorough and what appears to be a remarkably quick investigation. Guyton had been a senior vice president at Wells Fargo where she was in charge of a unit that was responsible for disposing of the bank’s foreclosed properties.

The front paper and not buried in the business section article seemed to conclude that the bank wanted to quickly put this unauthorized use of the foreclosed property behind them and move forward. The article concluded that the use of the property was an aberrant act of only one employee.

I somehow feel there will be other personnel actions in the next week or so taken against employees who knew or should have known something was wrong and failed to act. Obviously, these actions will never reach the front page of the newspaper; sort of like when you cut a cancerous tumor out of a body, you take the tumor and the surrounding tissue out to prevent its regrowth and harm.


Be well and stay happy.