How Wells Fargo’s Targets Turned Employees Into Criminals.
Автор: Business, Observed
Загружено: 2026-02-13
Просмотров: 3
Описание:
Wells Fargo didn’t collapse because of one bad executive or a few dishonest employees.
It collapsed because of targets.
In this video, we break down how Wells Fargo’s aggressive sales quotas — especially the infamous “eight products per customer” rule — created an environment where fraud wasn’t just possible, it was inevitable.
Employees weren’t rewarded for ethics.
They were rewarded for hitting numbers.
Miss the target? Lose your job.
Hit the target? Look the other way.
This is the story of how incentives quietly turned ordinary employees into criminals — and how one of America’s most trusted banks engineered its own scandal.
This video explores:
Why the “Eight is Great” target existed
How performance pressure created systemic fraud
Why individual blame misses the real problem
How incentive structures can corrupt entire organizations
If you want to understand how good people end up doing bad things inside large institutions, this story explains it.
#WellsFargo #CorporateScandal #BusinessFailures #Incentives #FinancialCrime #banking
Disclaimer:
This video is an analytical case study based on publicly available information, documented events, and established business principles. The insights, interpretations, and narrative structure are researched and written by me to explain how decisions, incentives, and systems shape corporate outcomes.
AI tools are used strictly for visual generation, narration, and presentation support to enhance storytelling and clarity. They do not generate the core analysis or conclusions.
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