How did the three internal corporate governance mechanisms workor fail to workat Wells Fargo? Describe Community Banking President Carrie Tolstedt's management style. How did her leadership abilities influence the corporate culture in the commercial banking division? What do you think of her use of organizational controls? Several years before the CFPB investigation made Wells Fargo's illegal cross-selling practices public knowledge, top-level managers became aware of the problem. What actions did they take to stop this behavior? Why do you think the practice persisted, even after the firm tried to end it? What was Wells Fargo's strategy for recovering from this scandal? Do you think it was sufficient and effective? Given where Wells Fargo is now, what strategic alternatives do you see for them?