Los Angeles needs to stop business with banks that have predatory sales practices.
Los Angeles City Council
The LA City Attorney and others recently fined Wells Fargo to the tune of $190 million because their predatory sales quota forced employees to fraudulently open more than 1.5 million checking accounts just to keep their jobs. But Wells Fargo isn't the only bank in town.
The Los Angeles City Council needs to protect residents and customers from dangerous banking practices and stop business with any bank that insists on predatory sales policies.
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To:
Los Angeles City Council
From:
[Your Name]
We ask Mayor Eric Garcetti and the Los Angeles City Council to support a policy that would prohibit the City of Los Angeles from doing business with banks that force their workers to meet predatory sales goals by pushing new accounts, loans, credit cards and debt cards of our residents.