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What do you all think of this news which although big, is not on The Observer's front page. Do you think the "good old boy's club" system still prevails in Charlotte? If true, is it hurting your changes of getting a job if you are a minority? On the other side of the coin, Bank of America's old CEO was Al de Molina, a Cuban American. So if BofA is bias, how come they had a Hispanic CEO?
Judge: Hiring at Bank of America is biased - CharlotteObserver.com (http://www.charlotteobserver.com/banking/story/1221293.html?mi_pluck_action=comment_submitted&qwx q=2656770#Comments_Container - broken link)
In the latest twist in a long-running case, a U.S. administrative law judge has recommended a ruling that Bank of America Corp. discriminated against African-American job applicants for entry-level positions in Charlotte in 1993 and from 2002 to 2005.
The next step is for Administrative Law Judge Linda Chapman to hold a hearing and then recommend a remedy. No hearing date has been set.
If the latest date was till 2005, what remedy is the judge gonna make if it hasn't shown up in the last 5 years?
Quote:
The judge also held that the bank's failure to retain records as required by law did not lessen statistical disparities found by the agency's expert.
Which in my mind means the statistical disparities have not shown up in the last 5 years, so I guess I just don't understand the remedy part.
.... On the other side of the coin, Bank of America's old CEO was Al de Molina, a Cuban American. So if BofA is bias, how come they had a Hispanic CEO?
This information is incorrect. Al de Molina was never CEO.
BofA's CEOs during this period were Hugh McColl who saw the rise of NCNB to BofA, Ken Lewis, and Brian Moynihan. They are all White.
The bias is being claimed at entry level jobs, not the CEO job, which is a level where it is much more likely to have a bunch of candidates with the same or at least similar credentials applying for the same jobs.
Very strange - I don't know the details behind the case, but my wife was a recruiter for B of A (in Virginia) in this time period. She hired mostly entry-level positions, and in fact they partnered with the "Welfare to Work" program and hired many solid candidates who were looking to turn their lives around. The bulk of the hirees from Welfare to Work were not white - she hired for some of the largest B of A departments. So it makes it hard to think the bank was discriminating in this time period when they specifically partnered with a program that places many minorities in positions with the bank.
Well yeah money, but who does it go to. Do they just review every African American (the article specifies race - it's not including all minorities)that applied for a BoA entry level position in Charlotte and got turned away during those specific years and send them a check?
The article says that it was the U.S. Department of Labor's Office of Federal Contract Compliance Programs that discovered the statistically significant apparent levels of discrimination. So do they get the money / fine -- "remedy"?
The gov't is just going to give it back to BoA through another stimulus anyways.
What do you all think of this news which although big, is not on The Observer's front page. Do you think the "good old boy's club" system still prevails in Charlotte? If true, is it hurting your changes of getting a job if you are a minority? On the other side of the coin, Bank of America's old CEO was Al de Molina, a Cuban American. So if BofA is bias, how come they had a Hispanic CEO?
Judge: Hiring at Bank of America is biased - CharlotteObserver.com (http://www.charlotteobserver.com/banking/story/1221293.html?mi_pluck_action=comment_submitted&qwx q=2656770#Comments_Container - broken link)
There are two types of "Ole Boy" systems. One is obviously used in our city government. For example the Mayor and Chief of Police had close relatives given positions despite not being the most qualified and obviously being "preselected". In the Mayor's wife's case, the job was advertised for one day. If you are familiar with fair hiring practices, that is pretty rare and unethical.
On the other hand, huge corporations use the "Old Boy" system to employ highly qualified personel through word of mouth from credible sources. This is mostly apparent in places like the B of A, where salaries are based on performance.
In either case, there will always be a sufficient representation of minorities employed regardless of qualifications in an effort to be politically correct. The same applies to promotions.
In summary, I would say that Bank of America hiring practices are not biased against minorities. If one wants to work in a "diverse and inclusive" workforce, try the government. If one wants to work in the corporate world, have something to offer. One shouldn't expect to land a job for any reason except for one's desire to work hard and advance. I believe the bias in hiring is passe in the corporate world.
Too often, a unqualified person refuses to look introspectively and see that they were/are not the most qualified person for the job. It is always easier to have a unrealistic explanation than to admit that one isn't the best for the job.
Last edited by vindaloo; 02-04-2010 at 08:56 AM..
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