Young people play pranks. They're just pranks. Richard Eggers was harshly punished for a particular prank of his youth though. In 1963, Eggers put a cardboard cutout of a dime in a washing machine. That was his only crime. However, he was fired for this indiscretion years later.
Big banks started firing low level employees like Eggers after new federal bank employment guidelines were published in May 2011. The new rules were meant to weed out executives guilty of transactional crimes. Unfortunately, they are being applied across the board for all employees. Banks fired thousands of employees according to these new rules.
Before new regulations, banks largely ignored minor indiscretions and misdemeanors. Now, they're afraid of being punished for disobeying regulations. Hence, there are victims like Richard Eggers whose childhood pranks come back to haunt him.
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