Wells Fargo

• Issue: financial institution evaluated based on the number of average accounts they have more accounts the better
• Wells Fargo created fake accounts to meet the quota
• Were the CEO's actions ethical

  • YES
  • Never told the employees to do this
  • CEO's job is for the company to do well - so they have to do well
  • NO
  • Ceo never said to do this but he set targets to incentivize this behaviour
  • only lower level employees were let go
• Who's interest was the CEO most concerned with

  • Investors, most amount of stock
  • Himself
• Least concerned with

  • employees