According to one version, the whole collapse in the market began with the fact that the American Bank Wells Fargo, the backbone and the third largest Bank in the States, stated the problems. Employees of the organization, for the sake of implementation of the plan, opened accounts in the name of clients and were engaged in frauds with the credits, and overestimating their cost. In the end, was revealed to 3.5 million accounts in the names of 550 thousand borrowers, overpayments for loans. The fine in the amount of $ 185 million was insignificant for Wells Fargo, so the Bank continued to pursue an unfair policy towards customers. The situation with the Bank and became the drop that brought down the entire us market.