Kevin Wack

2K posts

Kevin Wack

Kevin Wack

@kevinwack

National Editor @AmerBanker; DM me for Signal or kevinwack at gmail dot com.

Los Angeles, CA Katılım Ekim 2010
650 Takip Edilen2.4K Takipçiler
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Kevin Wack
Kevin Wack@kevinwack·
Nearly a year ago, I received a short email from a former @WellsFargo executive named Michael Bacon. “I am ready to connect with you,” it read. Thus began a reporting journey that culminates this week with the publication of an 11,000-word story, told in five chapters.
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Kevin Wack
Kevin Wack@kevinwack·
@brianrknight @tphillips @AmerBanker I had made the same assumption as you before talking to Weber. I think the details are complicated, but it sounds like there are lots of instances where the banking agencies don't have legal authority to bring cases in Art. 3 courts, as @tphillips said.
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Brian Knight
Brian Knight@brianrknight·
Interesting article by @kevinwack in @AmerBanker on the FDIC facing a challenge to its admin court system post Jarkesy. This part doesn't make sense to me though. Couldn't agencies just bring enforcement actions in Art. 3 courts?
Brian Knight tweet media
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Fault Lines
Fault Lines@AJFaultLines·
At least 30 states in the #US have legalized mobile #sports betting, bringing in billions for operators. There’s a dark side though to the betting boom. Calls to gambling help lines have skyrocketed setting off a crisis with gambling addiction. Watch now: aje.io/bigamble
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Kevin Wack
Kevin Wack@kevinwack·
@KateDavidson Ugh, this is disheartening and a sad reminder of what's to come. My son is five. His games are so full of joy and encouragement.
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Kate Davidson
Kate Davidson@KateDavidson·
I had my first truly insane sports-parent experience today. Parents cursing at opposing team’s kids from the sidelines, screaming at the teenage ref and, at one point, threatening to beat up a parent who encouraged everyone to chill. The kids are 11 & 12. Outrageous and sad.
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Kevin Wack
Kevin Wack@kevinwack·
My latest @AmerBanker story is about three seemingly unrelated topics: Nazi plunder in the 1930s, modern-day identity theft and the maddening experience of getting stuck in customer-service hell at a megabank. I hope you'll read and share. americanbanker.com/news/two-theft…
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Kevin Wack
Kevin Wack@kevinwack·
@mattyglesias I've wondered about this, too. One point to keep in mind is that Riverside and San Bernardino counties have 4.5 million combined residents, which makes it the 12th largest MSA in the U.S., ahead of San Francisco-Oakland, Detroit, Seattle and Minneapolis-St. Paul.
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Matthew Yglesias
Matthew Yglesias@mattyglesias·
Okay I looked up where Rancho Cucamonga is on a map and I am now incredibly confused about Brightline West.
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Matthew Zeitlin
Matthew Zeitlin@MattZeitlin·
now here's the real question: will brightline west have the same "car destroyer" grade crossing layout as as the miami to orlando train
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Matthew Zeitlin
Matthew Zeitlin@MattZeitlin·
why does the vegas to la train have two stops in the desert
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Kevin Wack
Kevin Wack@kevinwack·
Carrie Tolstedt, ex-senior exec @WellsFargo, will be sentenced tmrw after pleading guilty to a criminal charge in connection w/ the bank's fake-accounts scandal. To get up to speed, check out my extensive new podcast intrw about Wells w/ @leereiners: tinyurl.com/3p573rha
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Lee Reiners
Lee Reiners@leereiners·
For the latest FinReg Pod episode I spoke with @kevinwack from @AmerBanker about his excellent reporting on the origins of the Wells Fargo fake account scandal, what’s happened to the sr. execs involved, & what lessons the scandal provides for corporations open.spotify.com/episode/4XKRkv…
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Kevin Wack
Kevin Wack@kevinwack·
This is not something that I -- or most people who've followed this saga closely -- would have predicted. It's a big deal for the DOJ, which has been hearing criticism ever since the 2008 financial crisis about "Too Big To Jail" executives.
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Kevin Wack
Kevin Wack@kevinwack·
More than three years after I reported that federal prosecutors were eyeing criminal charges, it looks like a high-level Wells Fargo executive may go to prison in connection with the phony-accounts scandal. americanbanker.com/news/ex-wells-…
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Eater LA
Eater LA@eaterla·
The great dumpling drama of Glendale trib.al/8SanH3o
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Kevin Wack
Kevin Wack@kevinwack·
I was on NPR's @hereandnow today to discuss my recent behind-the-scenes look at the @WellsFargo bogus-accounts scandal. I talk about my key insider source and why it's important to understand how the bank's senior executive mishandled the situation. wbur.org/hereandnow/202…
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