Faculty News

Professor David Yermack shares his views on Wells Fargo's decision to rescind CEO John Stumpf's pay

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Excerpt from The Wall Street Journal -- "David Yermack, a finance professor at New York University, said he wasn’t aware of any prior clawbacks this big in the financial services sector. 'If he is really responsible for this (mess), why is he still in place?' Mr. Yermack said of Mr. Stumpf."

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