Except it's just for the little people for the most trivial violations. Jon Corzine and Jamie Dimon remain at large.
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Wells Fargo Fires Des Moines Worker for Laundromat Incident 49 Years Ago
By Victor Epstein
Des Moines (Iowa) Register
Monday, August 27, 2012
Richard Eggers doesn't look like a mastermind of financial crime.
The former farm boy speaks deliberately, can't remember the last time he got a speeding ticket, and favors suspenders, horn-rimmed glasses, and plaid shirts. But the 68-year-old Vietnam veteran is still too risky for Wells Fargo Home Mortgage, which fired him on July 12 from his $29,795-a-year job as a customer service representative.
Egger's crime? Putting a cardboard cutout of a dime in a washing machine in Carlisle on Feb. 2, 1963.
"It was a stupid stunt and I'm not real proud of it, but to fire somebody for something like this after seven good years of employment is a dirty trick when you come right down to it," said Eggers, a Des Moines resident. "And they're doing this kind of thing all across the country."