Erin Piacenti, 32, was fatally stabbed by Pamela Cisneros on Aug. 31 while leaving her job at Bank of America
She had just welcomed her first child, a baby daughter, five months prior and was leaving work after her first day back from maternity leave when she was killed
Tak Kam, 68, was also stabbed but is expected to recover, and police later used lethal force on Cisneros when she charged at them with two knives in her hands
I was wondering how a 32 year old was a vp.
To get around some post 2008 regulation, banks give the title of VP to tons of ppl so they can still sign off on shady shit and comply with the law, while the real rich VPs take no risk.
Any law or regulation needs to be put to a think tank with the specific task of gaming it or finding the loopholes. Then shut that shit down. This type of shoot is predictable and annoying.
This is exactly how the US became a healthcare-tied-to-enployment hellhole
2 or 3 reasons that Banks give out VP titles like candy.
Some regulation after Bush’s recession tried to tie shady shit at banks to VPs, at the time, that would have tied the shady practices to the actual people doing them. Since the actual people in charge wanted to have scapegoats, they just gave the title to everyone.
It makes people feel important, if they can call the bank and get a VP on the line, it makes them feel heard if they can complain to a VP etc.
Its another form of wage reduction, basically they give people the VP title so the people with the title feel like they are going somewhere, but they don’t actually give out raises to go with. It lets them keep people around for a bit longer without giving them any more money.
The last one has kind of stopped working since everybody knows what’s going on, and once you have 5 VPs at one branch, becoming a VP becomes a lot less important, but its part of why the title became so widespread.