WFC CEO, Richard Kovacevich: Someone Has To Go To Jail

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Former Wells Fargo CEO Richard Kovacevich, weighs in on accountability and “criminal” activity that occurred during the financial crisis, and comments made by Dick Fuld about Lehman’s collapse.

H/T Dataroma

Richard Kovacevich: Someone Has To Go To Jail

Short-Seller Spruce Point Highlights Its Latest Canadian Consumer Short: Saputo

InvestReputed short-seller Spruce Point Capital Management released its latest short report this week. The firm is shorting Canadian dairy and grocery manufacturer Saputo. Spruce Point chief Ben Axler believes the company is entering a phase of declining growth and highlights the financial stress and growing challenges he sees it facing, not only in Canada but Read More

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