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DevonRex

(22,541 posts)

18. Wow, so they legally had to fire her?

Reply to msanthrope (Reply #6)

Mon May 7, 2012, 02:49 PM

May 2012

That's a whole different story, then. Now I have to edit slightly. Thankfully only slightly.

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Wells Fargo fires employee for 1972 shoplifting conviction! The banksters can kiss my ass! [View all] Better Believe It May 2012 OP

Did she lie about her previous conviction when she began her employment with Wells Fargo?...nt SidDithers May 2012 #1

I guess lying is only encouraged if you're going straight for an executive position? villager May 2012 #5

Have you never been asked "Do you have any prior convictions" when applying for a job?...nt SidDithers May 2012 #10

Never. n/t RebelOne May 2012 #17

every job I have ever held ....nt littlewolf May 2012 #60

All apps I remember ask about prior convictions...can't recall if they're limited to felonies Honeycombe8 May 2012 #80

I think Sid's point is that DevonRex May 2012 #15

Actually, we don't have the slightest idea, do we? It's all conjecture on Sid's part. villager May 2012 #21

No. It's right. It has to do with FDIC. In order for the deposits to be insured DevonRex May 2012 #24

How is it conjecture? Major Nikon May 2012 #57

Well, don't bring facts into the outrage Sid...she was fired for lying, since the crime itself would msanthrope May 2012 #6

While her 40 year old conviction may have fallen under the de minimus exceptions ... 1StrongBlackMan May 2012 #16

Wow, so they legally had to fire her? DevonRex May 2012 #18

Yes. They did. nt msanthrope May 2012 #65

Why would that be a problem with Wells Fargo? Isn't lying part of how you rise to the top sabrina 1 May 2012 #30

To paraphrase the theme song from Baretta: Art_from_Ark May 2012 #55

The only thing I was ever asked was if I had been convicted of any felonies. hobbit709 May 2012 #62

She may have forgotten, and therefore did not in fact lie. joshcryer May 2012 #78

No. Cerridwen May 2012 #97

And GET THIS: ""We are bound by federal law that generally prohibits us from hiring or continuing... CurtEastPoint May 2012 #2

Federal laws don't apply to millionaire banking executives. Better Believe It May 2012 #4

Actually, they do apply equally. The irony here is that she didn't disclose a crime msanthrope May 2012 #14

What outrageous crime did she commit that would prohibit her from handling banking funds? Better Believe It May 2012 #44

I love this Politicalboi May 2012 #3

Stupid teen/early twenties type youth action gets you fired 40 years later? haele May 2012 #7

No--failing to disclose it does. Under FDIC rules, her conviction could have been waived msanthrope May 2012 #12

Please don't defend and try to justify the banksters mistreatment of working people. Better Believe It May 2012 #19

There is no defense for this, please stop trying to excuse it. sabrina 1 May 2012 #32

I am sorry for your friend's situation. guardian May 2012 #85

I just went through a Government security clearance process - there are appeals processes haele May 2012 #34

Title 12 USC § 1829 has no statute of limitations. Prior approval of the FDIC would be required... slackmaster May 2012 #28

I don't have a problem with FDIC regulations....she would have qualified for waiver, or msanthrope May 2012 #8

"Wells Fargo doesn't have much of choice here" Yes they did! Better Believe It May 2012 #22

You would prefer it if Wells Fargo lied to federal regulators about it? Only the FDIC.. slackmaster May 2012 #31

Yes. "The President has no authority ...." I know. Obama is powerless and has no influence .... Better Believe It May 2012 #45

Is it your position that every company should appeal to... SidDithers May 2012 #49

The law is very specific. There is no provision for exceptions to 12 USC § 1829 after the fact. slackmaster May 2012 #50

Damn you and your inconvenient facts!!... SidDithers May 2012 #53

Don't YOU realize that Wells Fargo claiming they must abide by the law, is simply laughable in the sabrina 1 May 2012 #67

How could the President have time to take up every single case? treestar May 2012 #66

I'm looking forward to Obama taking up a single case. This would be a good one. After all, he Better Believe It May 2012 #71

You're asking for a Peron or Castro like situation treestar May 2012 #73

Oh good lord. nt Codeine May 2012 #36

And there it is... SidDithers May 2012 #38

I'd rather the banks follow the laws. joshcryer May 2012 #79

When that happens let me know! Better Believe It May 2012 #82

I would have more sympathy for her if her excuse was "I'm sorry, that was so long ago I forgot!" slackmaster May 2012 #88

Convictions. Plural... SidDithers May 2012 #89

I was not aware of that. If she admitted that it was an intentional avoidance to disclose... joshcryer May 2012 #101

If a bank is FDIC insured, they can't employ her by law. Robb May 2012 #9

Well, they can employ her--if she discloses it. Her crime would have either msanthrope May 2012 #13

No, she was fired for lying on her application. nt Codeine May 2012 #11

So what? Better Believe It May 2012 #23

What took them so long?? RockaFowler May 2012 #26

Banks are routinely doing deep background checks on current employees slackmaster May 2012 #29

Thanks for this RockaFowler May 2012 #33

How deep are the background checks they're doing on their CEOs? sabrina 1 May 2012 #41

Much deeper than the checks done on employees who don't handle cash slackmaster May 2012 #42

Well, they apparently didn't get their money's worth. The crooked CEOs are still collecting millions sabrina 1 May 2012 #69

The law can't do anything about it until they are convicted of crimes slackmaster May 2012 #93

I agree. The banksters are having a really tough time now. My thoughts and prayers are with them. Better Believe It May 2012 #46

Times are tough for liars, too slackmaster May 2012 #54

Unless you're rich and a CEO bankster. Better Believe It May 2012 #72

Both, actually. slackmaster May 2012 #27

It is a lesson to all Americans! Rex May 2012 #20

A bank can be fined up to $1 million per day for hiring someone with a theft conviction... slackmaster May 2012 #25

"Wells Fargo is a big fuzzy bunny." As demonstrated by this firing! Better Believe It May 2012 #47

The law is very clear. Wells Fargo had no choice but to terminate her. slackmaster May 2012 #51

You're right. ""Wells Fargo is a big fuzzy bunny" compared to other banks. Better Believe It May 2012 #58

There is no provision in 12 USC § 1829 for a bank to seek approval after the fact. slackmaster May 2012 #61

I admire your patience and perseverance... SidDithers May 2012 #63

Yeah, I'm going to make myself a nice salad for dinner. I have fresh avocados and grapefruit. slackmaster May 2012 #64

Do you have any more effective arguments in defense of patriotic Wall Street do-gooder bankers? Better Believe It May 2012 #74

You're arguing against one of our most important consumer protection laws. slackmaster May 2012 #76

I'm sorry, but if this woman was not Hispanic this would have not been an issue....n/t Jello Biafra May 2012 #35

If Wells Fargo's issue with her was based on her Hispanic heritage, why did they hire her? slackmaster May 2012 #37

They have to hire her that is the law..... Jello Biafra May 2012 #39

Wells Fargo doesn't legally have the option of giving her a pass. Now that they are aware... slackmaster May 2012 #40

And how many times have big banks ever been fined for not firing a low level employee .... Better Believe It May 2012 #48

Please provide a credible source to back up your factoid. slackmaster May 2012 #52

Can you provide any evidence that any bank has ever been fined a million bucks or less for that? Better Believe It May 2012 #56

I did check. It seems the law has often been enforced against non-profits and other small players. slackmaster May 2012 #59

Why would you still be dealing with Wells Fargo? They stole my friends home, illegally. sabrina 1 May 2012 #68

A few reasons, but first I must say I'm sorry about your friend's home. slackmaster May 2012 #70

Thank you. They did not treat my friend well, despite her being a good customer for a long time. sabrina 1 May 2012 #75

My HELOC was originated at Wells Fargo. Refinincing it at another institution would not be possible, slackmaster May 2012 #86

What a slimy and shameful personal attack you have made on this victimized worker at Wells Fargo! Better Believe It May 2012 #77

Who didn't see that coming?... SidDithers May 2012 #81

LOL. I wish we had kept a running count. FSogol May 2012 #99

If the "progressive" ideology means letting unrepentant thieves and liars work for banks, slackmaster May 2012 #84

that will teach her! Liberal_in_LA May 2012 #43

IMO Mr Dixon May 2012 #83

Corporations in general stopped treating people as valued assets about 30 years ago slackmaster May 2012 #87

Really Mr Dixon May 2012 #92

I haven't "sided" with banks or corporations here. I have pointed out repeatedly what the law says. slackmaster May 2012 #94

SMH Mr Dixon May 2012 #96

If you don't like the LAW guardian May 2012 #100

Good gawd. Now there is one for the record. lonestarnot May 2012 #90

"the rich are just better people than you" Better Believe It May 2012 #91

Keep trying...nt SidDithers May 2012 #95

Most of this thread is discussing something that didn't happen. Cerridwen May 2012 #98

Thanks for the additional information and link. Better Believe It May 2012 #102