Daily Archives: June 12, 2015

CoreLogic responsibly suspends employee involved in McKinney teen pool fracas

Even your behavior outside your job reflect on your company and its reputation.

One of the women involved in the infamous McKinney teen pool incident is now confirmed to be an employee at mortgage data firm CoreLogic [CLGX].

But maybe not for long.

While her behavior during her private time is greatly in question, her employer tells me it is totally unacceptable. And they’re right.

Here’s a link to the larger issue of appropriate police officer response to that incident. This blog isn’t about that.

Also, here’s an email from CoreLogic to me:

“CoreLogic does not condone violence, discrimination or harassment and takes conduct that is inconsistent with our values and expectations very seriously. As a result of these pending allegations, we have placed the employee in question on administrative leave while further investigations take place.”

The unnamed employee is identified in the press as Tracey Carver-Allbritton.

Read on.

JPMorgan Chase : hires former UK watchdog official to advise on regulation

LONDON (Reuters) – U.S. bank JPMorgan has hired former senior UK regulator Clive Adamson to advise it on regulatory affairs in Europe, it said on Friday.
Adamson was previously responsible for supervising companies for Britain’s Financial Conduct Authority (FCA). He left the watchdog ahead of a critical report on how the regulator handled an insurance industry review, which was leaked before publication and prompted heavy falls in insurance company share prices.

Read on.

Elizabeth Warren Tells Us That She Can’t Even With Jamie Dimon’s Mansplaining

Huffington Post:

The problem is not that I don’t understand the global banking system. The problem for these guys is that I fully understand the system and I understand how they make their money. And that’s what they don’t like about me.” — Sen. Elizabeth Warren on Jamie Dimon’s recent comments “mansplaining” banking to her.