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Thread: Bank of America fined 2 million dollars for race discrimination

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    Bank of America fined 2 million dollars for race discrimination

    This story is very surprising. I wonder how this could be happening in such a big company?

    Bank of America has been fined $2.2 million for discriminating against black job candidates over two decades.
    The U.S. Department of Labor has ordered Bank of America (BAC, Fortune 500) to pay up after finding that over 1,100 African-American job seekers faced discrimination at the company's offices in Charlotte, North Carolina, at various times between 1993 and 2005.

    http://money.cnn.com/2013/09/24/news...Top+Stories%29

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    Re: Bank of America fined 2 million dollars for race discrimination

    2.2 million dollars is basically just a warning for Bank of America they probably make that much money in two minutes.

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    Re: Bank of America fined 2 million dollars for race discrimination

    When I worked for Bank of America and hired people (at Corporate in Charlotte), I never hired a white candidate. Knowing the culture at BoA, I find this difficult to believe.
    Last edited by Harshaw; 09-25-13 at 12:41 AM.
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    Re: Bank of America fined 2 million dollars for race discrimination

    Considering the number of people affected and the time elapsed, $2.2 million is a tiny amount.

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    Re: Bank of America fined 2 million dollars for race discrimination

    Quote Originally Posted by Harshaw View Post
    When I worked for Bank of America and hired people (at Corporate in Charlotte), I never hired a white candidate. Knowing the culture at BoA, I find this difficult to believe.
    Maybe these people applied at a time when BOA had their quota of blacks but needed other minorities to fill those quota's.

    Not enough information in the article to explain what was really going on.
    Only a fool measures equality by results and not opportunities.

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    Re: Bank of America fined 2 million dollars for race discrimination

    Quote Originally Posted by Montecresto View Post
    This story is very surprising. I wonder
    how this could be happening in such a big company?

    Bank of America has been fined $2.2 million for discriminating against black job candidates over two decades.
    The U.S. Department of Labor has ordered Bank of America (BAC, Fortune 500) to pay up after finding that over 1,100 African-American job seekers faced discrimination at the company's offices in Charlotte, North Carolina, at various times between 1993 and 2005.

    Bank of America fined $2 million for race discrimination - Sep. 24, 2013
    Its bull sh**.

    Just like "redlining" was BS.

    A false narrative set up so wealth could be redistributed into the pockets of Democrats and people like Angello Mozillo.

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    Re: Bank of America fined 2 million dollars for race discrimination

    Quote Originally Posted by Fenton View Post
    Its bull sh**.

    Just like "redlining" was BS.

    A false narrative set up so wealth could be redistributed into the pockets of Democrats and people like Angello Mozillo.
    Read the court documents and reviewed, the evidence, did you?
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    Re: Bank of America fined 2 million dollars for race discrimination

    Quote Originally Posted by DVSentinel View Post
    Maybe these people applied at a time when BOA had their quota of blacks but needed other minorities to fill those quota's.

    Not enough information in the article to explain what was really going on.
    That's just ignorant.
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    Re: Bank of America fined 2 million dollars for race discrimination

    Quote Originally Posted by Harshaw View Post
    That's just ignorant.
    About as ignorant as saying someone is wrong for not hiring a black person, regardless of actual qualifications of other applicants, is racist but the insistence the black person be hired over other races, again regardless of qualifications, is not racist?

    Any use of race as selection criteria is racist. The company should be able to hire any qualified candidate applying for a position based upon qualifications and interview without regard to race. Saying someone or a company is racist simply because they don't have X amount of race Y without considering the other applicants qualifications and how they did in interview is promoting racism.
    Only a fool measures equality by results and not opportunities.

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    Re: Bank of America fined 2 million dollars for race discrimination

    The judge overseeing the case also ordered the bank to offer jobs to 10 former applicants when appropriate positions become available.
    What the heck is up with this? The law can tell you that you MUST hire someone - are they going to prevent you from firing them in the future if things don't work out?

    A lawsuit is one thing, but forcing you to take someone on as an employee is another.
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