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Elon Musk Backs His Own Groundbreaking Tunnel Plan

PYMNTS

Tesla Founder Elon Musk has added another prong to his master plan to save the world, an ambitious tunneling project called The Boring Company that aims to alleviate Los Angeles traffic by creating a network of tunnels beneath the city. Tesla has the most boring man in the world — but in a good way (maybe). Breaking Ground.

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One Leadership Battle Ends At The CFPB, A New One Begins

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The leadership situation at the Consumer Finance Protection Bureau (CFPB) has been something of a complicated story since original Director Richard Cordray stepped down last fall. So ends that leadership battle for the CFPB. The nation’s leading consumer financial regulator is not an entry-level job.”

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Payments And Commerce: A Year In Quotes

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I do not want any American to look back in 20 years and try to figure out how and why America’s banks lost the leadership position in financial services. This year Dimon was warning against a desire to use regulations as a punitive measure against banks that are increasingly unfairly demonized. This is gutless leadership.”. —

Payments 100
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2019: What To Take Forward And What To Leave Behind

PYMNTS

It’s almost as bad as saying it’s the “Year of The Sloth” – since, let’s face it, pigs are not typically prized for their wisdom, energy, vision or leadership qualities across the animal kingdom. And regulators today impose rules and frameworks to protect the integrity and soundness of our financial systems, as they should.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Hats off to a decade of strong leadership and hard work. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. A Shout Out for a Gutsy Call – Scott Reckard, a reporter for the Los Angeles Times, who first wrote about Wells Fargo’s branch pressure tactics in 2013.

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Hats off to a decade of strong leadership and hard work. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. A Shout Out for a Gutsy Call – Scott Reckard, a reporter for the Los Angeles Times, who first wrote about Wells Fargo’s branch pressure tactics in 2013.

Utah 60
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The 2015 GonzoBanker Awards

Gonzobanker

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. ‘Are You Freakin’ Kidding Me?’