JPMorgan Chase Whistleblower: ‘Essentially Suicide’ to Stand Up to Bank
May 8th, 2012Via: Huffington Post:
When Linda Almonte alerted her boss at JPMorgan Chase about potential fraud in a major deal she was helping to close, she expected him to applaud her great catch.
Instead, he fired her.
“We went down fast,” said Almonte, 41, about her family. She had been making $100,000 a year as a division vice president at Chase, enough to support her stay-at-home husband, their four kids, ages 12 to 22, and rent a three-bedroom house in San Antonio, Texas.
Her move at Chase amounted to “essentially suicide,” Almonte told The Huffington Post. No bank in town would hire her after word spread that she had stood up to the banking giant, she said. After more than a year of fruitless job hunting, Almonte and her family left town, landing at a hotel near Disney World, paying $300 a week for a two-bedroom with a kitchenette.
This is like deja vu for me. I live/work in a tax haven…oops…sorry… I meanoffshore financial centre and if you cross anyone here or get fired etc you’ll find it near impossible to find work again on this island AND/OR elsewhere…