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New Wells Fargo CEO to Employees: 'We're Sorry'

Newly appointed Wells Fargo CEO Tim Sloan told employees Tuesday that he is “sorry for the pain” that the bank's employees have suffered as a result of the company's sales practices scandal. Sloan's company-wide speech given Tuesday is the latest effort by Wells Fargo's executives to atone for the fact that the bank's employees, pushed to the limit by impossible sales goals, opened as many as 2 million bank and credit card accounts without customers'...

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