Bank worker gets fired for using fake dime decades ago
Bank worker gets fired for using fake dime decades ago | Fox News
It seems that the NEW banking regulations, in order to be followed, means firing everyone who has even a minor blemish, or stupid incident on their record, even if it means it's almost 50 years ago.
Banks are afraid, (and rightly so), that if they don't follow these new regulations to the absolute letter, someone will come after them and fine them or worse.
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DES MOINES – Wells Fargo Home Mortgage has fired a Des Moines worker over a 1963 incident at a Laundromat involving a fake dime in the wake of new employment guidelines.
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Big banks have been firing low-level employees like Eggers since new federal banking employment guidelines were enacted in May 2011 and new mortgage employment guidelines took hold in February, the newspaper said. The tougher standards are meant to clear out executives and mid-level bank employees guilty of transactional crimes — such as identity theft and money laundering — but are being applied across the board because of possible fines for noncompliance.
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