Wells Fargo fires more than 100 workers over relief fund abuse
Wells Fargo & Co WFC.N has fired more than 100 employees for unethically getting coronavirus relief funds, Bloomberg News reported on Wednesday, citing a person with knowledge of the situation and an internal memo. The bank found staffers who it believes defrauded the U.S. Small Business Administration “by making false representations in applying for coronavirus relief funds for themselves". The abuse was tied to the Economic Injury Disaster Loan program and outside the employees’ roles at the bank, the report said.
Wells Fargo did not immediately respond to a Reuters request for comment.
In May, the fourth largest lender said U.S. agencies were probing its handling of the Paycheck Protection Program for coronavirus relief.
https://www.bloomberg.com/news/articles/2020-10-14/wells-fargo-fires-more-than-100-workers-over-relief-fund-abuse
Thailand announces emergency decree: reports
Thailand announced an emergency decree early Thursday after thousands of demonstrators massed around the Government House, the seat of government, Reuters reported state television as announcing.
Here are the latest developments (Thai time):
5:30 a.m. Thai state television announces that the government has issued an emergency decree citing a need to maintain peace and order.
Protesters have called for the ouster of junta leader-turned-Prime Minister Prayuth Chan-ocha as well as a new constitution. They have also called for reforms to the monarchy of King Maha Vajiralongkorn.
A royal motorcade carrying Queen Suthida had earlier encountered demonstrators, who flashed three-finger salutes. She smiled and waved back. The king's motorcade later passed along the road without incident on his way to a ceremony at the Temple of the Emerald Buddha beside the Grand Palace.
State television said: "As it appears that many groups of people have invited and incited illegal public assemblies in Bangkok … acted to affect the royal motorcade and committed severe actions that affected national security … it is extremely necessary to introduce an urgent measure to end this situation effectively and promptly to maintain peace and order," according to Reuters.
https://asia.nikkei.com/Politics/Turbulent-Thailand/Thailand-announces-emergency-decree-reports
Switched 'em up again
82-8000 USAF VIP 747 heading for Des Moines Int'l and on descent
92-9000 USAF VIP 747 continues wn
92-9000 heading for Offutt