Wells Fargo revelations remind us that big banks aren't 'fixed'

The recent revelations that Wells Fargo employees set up thousands of falsified accounts to meet sales goals renewed claims that the big banks are out of control.

Federal prosecutors have launched an inquiry into their sales tactics, but if history repeats itself, many people believe the repercussions for Wells Fargo will amount to little more than a slap on the hand.

Kiplinger's editor Lisa Gerstner and financial reporters Ben Protess (New York Times) and Elizabeth Dexheimer (Bloomberg) considered if big banks are still running amok with MPR News host Kerri Miller.

To hear the entire conversation, select the audio link.