Senator Warren is a hypocrite for demanding that the Wells Fargo CEO be held accountable. Warren bought and flipped homes during the housing boom; helping fuel higher housing prices, which eventually resulted in a collapse. Warren has portrayed herself in the senate as a champion of the Middle Class. However, Warren is actually more similar to the Wall Street traders that profited from the housing boom.
Senator Elizabeth Warren is not a hypocrite. She has been consistent in her calls for holding the financial industry responsible and accountable for their actions. She did this when it was not popular and she was facing stiff backlash from the industry and people consumed with the laissez faire attitude.
No, Senator Warren is not a hypocrite for profiting off of the housing boom. Her job is not to run a bank. Her job is to be a senator; therefore, she should be viewed differently on this issue. The CEO's job was to make sure things like this did not happen.
What the Wells Fargo company has done is both morally wrong and illegal. Documents were falsified and accounts were wrongly opened. This is fraud and is completely different than profiting off of the housing boom. Seizing opportunities as they come for profit in legal ways is not the same as dishonest, illegal business practices.