8-Day Blog Post: Cycle 9 Wells Fargo wants less regulation

On CNN, an article was posted detailing the Wells Fargo scandal. It is said that Wells Fargo was falsely creating millions of fake accounts that served as dark money accounts. They've had to fire 5,300 employees, and one of the heads of Wells Fargo walked away without a scratch. Supporters of Wells Fargo have claimed that the bank made a small slip up and they should keep their good reputation, and while the officials at Wells Fargo are claiming that they'd like less regulation, it doesn't add up. Mistakes like this are what led to the stock market crash and plenty of other scandals throughout American history. Banks should be more regulated so 'mistakes' like this cannot happen. Wells Fargo is still trying to get back on its feet, but many are saying that they will never regain their spotless reputation they had previously had.