Bank talk.Heard about three Bank of Fayetteville staffers who were hit with regulatory sanctions Sanctions is the plural of sanction. Depending on context, a sanction can be either a punishment or a permission. The word is a contronym. Sanctions involving countries: The odd part is the timing of the action, which comes nearly three years after the trio was arrested for stealing money from the bank. On Sept. 12, 2005, Patsy Halfacre, Crystal Kichline and Denise Wells each admitted taking $2,500 or more during the previous four years. In the legalese legalese - Dense, pedantic verbiage in a language description, product specification, or interface standard; text that seems designed to obfuscate and requires a language lawyer to parse it. of bank regulators, these staffers, "who have been convicted of, or entered into a pretrial pre·tri·al n. A proceeding held before an official trial, especially to clarify points of law and facts. adj. 1. Of or relating to a pretrial. 2. diversion or similar program for certain criminal offenses, are prohibited from participating in the affairs of any insured depository institution Depository institution A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. without prior regulatory or judicial approval." That sounds like lawyer talk for a kinda-sorta ban from working at a bank. |
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