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Podcast: Rising from the Ashes
Episode: KNX In Depth: Wells Fargo hit with $3.7 billion fine for illegal fees--Will LA Mayor Bass' homeless plan work?--Is the golden age of streaming television over?--Adults are buying toys for themselves now
Description: Wells Fargo is busted again. It's agreed to pay 3.7 billion dollars to settle charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages. It also incorrectly applied overdraft fees against savings and checking accounts. It's the largest fine against the bank which has spent years trying to rehab its image following past scandals. We go In Depth into whether this is just a Wells Fargo issue or a banking industry problem. LA Mayor Karen Bass announces her plan to reduce the number of homeless people on the streets. W...