Wells Fargo Fires 125 Employees for COVID Relief Fraud, Culture Unchanged

Wells Fargo terminates between 100 and 125 employees for fraudulently obtaining COVID-19 relief funds through the SBA’s Economic Injury Disaster Loan (EIDL) program. Employees created fake profiles and made false representations to receive advances of up to $10,000 from the pandemic relief …

Google IPO Raises $1.67B With "Don't Be Evil" Motto

Google completed its initial public offering on August 19, 2004, raising $1.67 billion by pricing 19,605,052 Class A shares at $85 per share. The IPO was unconventional, using a “modified” Dutch auction method that challenged Wall Street norms.

Most significantly, founders Larry Page and …