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Wells Fargo fires worker for 1963 crime
Kcci.com ^

Posted on 08/27/2012 7:06:53 PM PDT by HereInTheHeartland

excerpt:

DES MOINES, Iowa —

Wells Fargo Home Mortgage has fired an Iowa worker over a 1963 incident at a laundry in the wake of new employment guidelines.

Read more: http://www.kcci.com/news/central-iowa/Wells-Fargo-fires-worker-for-1963-crime/-/9357080/16281692/-/dny0ehz/-/index.html#ixzz24noXiio7


TOPICS: Business/Economy; News/Current Events
KEYWORDS: banking; doddfrank; wellsfargo
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1 posted on 08/27/2012 7:07:03 PM PDT by HereInTheHeartland
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To: HereInTheHeartland
Barney Frank and friends passed regulations REQUIRING this to happen. Lenders face huge fines if someone has any criminal record, no matter how minor.

There is an exception process through (FDIC I think); but it can take up to a year to get someone cleared.

2 posted on 08/27/2012 7:10:22 PM PDT by HereInTheHeartland (Encourage all of your Democrat friends to get out and vote on November 7th, the stakes are high.)
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To: HereInTheHeartland
Basically the article states that this 68-year-old worker was fired over putting a cardboard slug (a dime) into a washing machine back in 1963, when he was just 19 years old.

Just goes to show that your mistakes follow you for your entire life!

Lesson for the young people out there.

3 posted on 08/27/2012 7:10:46 PM PDT by SamAdams76
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To: SamAdams76

Hey idiots in Congress and all over D.C. Make the same rules for yourselves and your staffers !!!!

And consider takes our money for fraudulent spending as theft. All of you are fired.


4 posted on 08/27/2012 7:14:55 PM PDT by George from New England
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To: SamAdams76

What I’ve learned from this story is that there’s no room for repentence and having paid your dues in the liberal mindset.


5 posted on 08/27/2012 7:17:51 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: Jonty30

Did you really think we want those laws observed? said Dr. Ferris. We want them to be broken. You’d better get it straight that it’s not a bunch of boy scouts you’re up against... We’re after power and we mean it... There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What’s there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted – and you create a nation of law-breakers – and then you cash in on guilt. Now that’s the system, Mr. Reardon, that’s the game, and once you understand it, you’ll be much easier to deal with. (’Atlas Shrugged’ 1957)


6 posted on 08/27/2012 7:21:23 PM PDT by null and void (Day 1316 of our ObamaVacation from reality - Obama, a queer and present danger)
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To: HereInTheHeartland

Makes no sense there must be more to the story.


7 posted on 08/27/2012 7:22:19 PM PDT by svcw (If one living cell on another planet is life, why isn't it life in the womb?)
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To: HereInTheHeartland

I guess it’s good that bankers should have more integrity than politicians. Still it seems so flagrantly hypocritical that said politicians are the ones ordering them to do to... one gets the idea this is clearly something that Wells Fargo did not want.


8 posted on 08/27/2012 7:27:06 PM PDT by HiTech RedNeck (let me ABOs run loose, lew (or is that lou?))
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To: svcw

He’s 68 and is approaching retirement. His insurance rates are going to rise, too. They’ll fire this guy and hire a 20 something bonehead for half his wages and benefits.


9 posted on 08/27/2012 7:28:00 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: svcw

No more to the story. New regulations require finger prints and back ground checks for everyone. This was not required before; at least the finger prints. There was some background check done, but not this extensive.
It started about 2 years ago; some well qualified long term employees have been cut loose.
Any conviction, no matter how old or small, will require the bank to immediately fire someone. No wiggle room.
It’s insanity brought on by Barney Frank and Chris Dodd.


10 posted on 08/27/2012 7:28:00 PM PDT by HereInTheHeartland (Encourage all of your Democrat friends to get out and vote on November 7th, the stakes are high.)
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To: SamAdams76

Aside from the obvious stupidity of this over reaction, this man should take out an ad:

“Is there ANYBODY in Wells Fargo management who is willing to publicly assert that THEY are not guilty of a more grievous behavior, at any time in their adult life?”


11 posted on 08/27/2012 7:29:00 PM PDT by G Larry (Progressives are Regressive because their objectives devolve to the lowest common denominator.)
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To: G Larry

The Injuns done raided the Wells Fargo wagon.


12 posted on 08/27/2012 7:32:52 PM PDT by HiTech RedNeck (let me ABOs run loose, lew (or is that lou?))
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To: HereInTheHeartland

Well, you can’t be too careful. Before you know it someone might run a cardboard cutout of a man for President.


13 posted on 08/27/2012 7:47:03 PM PDT by bigbob
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To: HereInTheHeartland

Doesn’t surprise me that this is in Des Moines. West Des Moines and Des Moines have thousands of Wells Fargo employees.


14 posted on 08/27/2012 7:48:42 PM PDT by 2ndDivisionVet (You cannot invade the mainland United States. There would be a rifle behind every blade of grass.)
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To: HereInTheHeartland

Wonder if he will get his retirement? Wells Fargo is probably going to screw him out of that...


15 posted on 08/27/2012 7:52:53 PM PDT by ColdSteelTalon (Light is fading to shadow, and casting its shroud over all we have known...)
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To: HereInTheHeartland

So why can’t we do the same thing for all of our politicians?


16 posted on 08/27/2012 7:54:31 PM PDT by dfwgator
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To: ColdSteelTalon

His 401K would not be an issue, assuming he put something in it.


17 posted on 08/27/2012 7:56:02 PM PDT by HereInTheHeartland (Encourage all of your Democrat friends to get out and vote on November 7th, the stakes are high.)
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To: SamAdams76

There is no lesson here other than that in this country you cannot live down a mistake made so long ago. Well a possible lesson is that the system will screw you out of your retirement any chance it gets.


18 posted on 08/27/2012 8:00:12 PM PDT by ColdSteelTalon (Light is fading to shadow, and casting its shroud over all we have known...)
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To: HereInTheHeartland

Whats the law behind this? For reference in future debates.


19 posted on 08/27/2012 8:01:23 PM PDT by ColdSteelTalon (Light is fading to shadow, and casting its shroud over all we have known...)
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To: HereInTheHeartland

Um, this is craziness.


20 posted on 08/27/2012 8:04:46 PM PDT by jocon307
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