Daily Archives: November 23, 2014

Bank of America hires U.S. government officials for financial crime team

Revolving door, folks!

(Reuters) – Bank of America has hired two U.S. government officials to join its financial crimes team, according to three people familiar with the matter, as banks are under increasing pressure to police their transactions for suspicious activity.

Bank of America has hired Jaikumar Ramaswamy, who heads the U.S. Justice Department’s asset forfeiture and money laundering section, and Frederick Reynolds, who is deputy director of the Treasury Department’s anti-money laundering unit, the Financial Crimes Enforcement Network (FinCEN).

Ramaswamy and Reynolds will join the bank in January and will report to the global head of financial crimes compliance, Bill Fox, a former director of FinCEN.

Read on.

First-grader says school lunch lady told him, ‘Guess what? You can’t have a lunch’


Q13 FOX News

SNOHOMISH. Wash.–  The only thing 7-year-old Xavier loves more than his math homework are his fruits and veggies.

But Xavier’s parents say they’re concerned because on about Oct. 20, the first-grader was denied school lunch at Cascade View Elementary.

“It was a sack lunch. It was in a bag, she was passing it around to everybody.  The lunch lady said, ‘Guess what, you can’t have a lunch.’ She said that.  She said I can’t have a lunch,” says Xavier.

Dad says Xavier is on the free lunch program.  But instead of getting a meal, he says, Xavier was sent home with a grumbling tummy and a slip saying he had a negative lunch balance.

“My question was never answered as to why he was denied.  I was very mad.  I couldn’t believe it happened.  It happened to me as a child and I could still feel that hurt and I…

View original post 185 more words