Charlotte Talks: Putting Charlotte's Challenges 'On The Table' / No Letup In Wells Fargo Scrutiny

Nov 2, 2017

Thursday, Nov. 2, 2017

Thousands gathered last week across the region, including at the Levine Museum of the New South, as part of "On The Table CLT."
Credit Twitter / Janeen Bryant

What happens when thousands of people meet to talk about improving Charlotte? Mike Collins sits down with organizers and attendees of "On The Table CLT," then gets an update on the troubles facing Wells Fargo.

PART ONE 

Charlotte likes to talk about its challenges, especially following the bombshell economic mobility report from three years ago.

That conversation continued last week as thousands gathered across the region for "On The Table" to connect in small groups with people they might not otherwise meet, and work toward what organizers describe as “a more inclusive and opportunity-rich community.”

What can these conversations do to bridge gaps in opportunity and trust? Will these meetings lead to more than talk?

GUESTS

Dianne English, executive director, Community Building Initiative

The Rev. Frederick Robinson, executive director, Mecklenburg Ministries

Michelle Guobadia and Dianne Chipps Bailey, attended "On The Table CLT" events

PART TWO

It seems there’s no escaping scrutiny for Wells Fargo.

Federal investigators are looking into Wells Fargo's foreign exchange unit, yet another area of scrutiny for the bank.
Credit Joshua Komer / The Charlotte Observer

Already embroiled in controversy for its fake-account scandal, federal prosecutors are now looking into the bank’s foreign-exchange trading. It’s a new area of focus for investigators, and it’s already lead to the ouster of four employees.

On top of that, regulators continue to look at an auto insurance program the bank has abandoned, but which could still cost the bank tens of millions of dollars.

October began with a call for the firing of the CEO, Tim Sloan, and ended with Sloan reassuring employees the company is making fixes. Those changes, though, are being criticized as not enough.

GUEST

Deon Roberts, banking reporter, The Charlotte Observer (@DeonERoberts)

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