An irreverent Wall Street Blog
by Bill Singer
 
Join BrokeAndBroker blog on Facebook  Follow the BrokeAndBroker blog on Twitter  Connect with BrokeAndBroker on LinkedIn  Join Bill Singer on Google+  Subscribe to RSS Feed

I Have A Gub
Written: November 7, 2012

Cover of

When I tell you that this story involves a bank located inside a Walmart Store, you sort of get the hint that this is gonna be one of those oddball doozies. You’d be right!

On January 17, 2012, around 9ish in the morning, Jacory Stephon Walker entered the 1st Convenience Bank, located inside a Walmart Store in Waxahachie, Texas. Seems that young Mr. Walker, now 19 and from Dallas, TX, wanted to withdraw money from his bank account.  Unfortunately, he didn’t have his account information with him. What’s a guy to do?

In Walker’s case, he approached a teller, who apparently asked for the customer’s name and social security number.  Not bad customer service (The good folks at Citi, Chase, Bank of America, or Wells Fargo probably wouldn’t have been so helpful, but hey, this is Texas and we’re in a Walmart.  Sadly, the teller informed Walker that he had a debit in his bank account. All of which might explain why Walker left the premises.

Within ten minutes of leaving the branch, about 9:40 a.m., Walker returned and went back to the same helpful teller.  Walker explained that he had $20 to deposit towards the amount owed on his account, and the teller began to fill out a deposit slip.

Not unlike the wonderful Woody Allen film “Take The Money And Run,” Walker seems to have had a gub?

What’s a gub?  You’re gonna have to see the film.

In any event, as the teller filled out the slip, Walker cleared his throat and slid a note over to the bank employee: “I have a gun. No noise. Just money.”

Ummm, young Bank-Walker, not that I’m Obi Wan-Kenobi or anything but you do realize that you just slid a hold-up note to the same teller to whom you earlier gave your name and social security number . . . and that allowed the employee to also find your bank account, which probably has your address and phone number on it?

In any event, the teller gave Walker cash from the drawer.

Walker left the premises.

Walker was apprehended by the Waxahachie Police Department as he left the Walmart. A blue-light special arrest.

After pleading guilty to one count of bank robbery in June 2012, Walker was sentenced on November 5, 2012, in federal court for the Northern District of Texas to 37 months in federal prison. How many years did Virgil Starkwell get?

Watch a clip of the gub scene


 
[^top^]

Previous Entries
January 29, 2015
There are lots of bad guys out there, and on Wall Street, brokerage firms need to protect not only their customers but also themselves from some of th... Read On
January 28, 2015
Another day and another email disaster at another major FINRA member firm. In the end, however, the customer is made a whole -- but the registered per... Read On
January 27, 2015
Seems to me that Wall Street is quite a bit like weather forecasts. Take today, for example -- in NYC, we were supposed to awake to Snowmageddon with ... Read On
January 26, 2015
Imagine that you're broke and can't afford a fabulous but high-priced regulatory lawyer like me and you need to submit a brief in response to some abs... Read On
January 24, 2015
Chinese Pharma Private Securities TransactionsAs the economy recovers from the Great Recession, a number of regulatory violations that had been some... Read On
January 23, 2015
As the economy recovers from the Great Recession, a number of regulatory violations that had been somewhat dormant for the past few years ar... Read On
January 22, 2015
Ya got your butcher, your baker, your candlestick maker. Ya also got your attorney, accountant, and federal contractor -- and, while you're at it, let... Read On
January 22, 2015
Recently, a number of clients have contacted me with stories about having been hit with a Ransomware demand. Given the growing danger of this cyber-cr... Read On
BrokeAndBroker.com Job Search


Related Topics
Tag Cloud
Internet FINRA Bear Stearns Bloomberg SEC NASD NYSE Money Laundering Due Diligence Waiver Forbes China Chepucavage Broy Woody Allen Madoff NAC NPR Marketplace Stanford UBS Ketchum Antitrust NASDAQ RRBDLAW Schapiro Bill Singer BrokerAndBroker USERRA Brokeandbroker.com Morgan Keegan Arbitration Counterclaim BrokeAndBroker.com Khuzami BrokeAndBroker Aleynikov Goldman Sachs brokeandbroker Promissory Note U4 Bill SInger EFL CFTC Huffington Post Flash Crash arbitration RBC RRBDLAW.com Ponzi Affinity Fraud Wachovia Raymond James BrokeandBroker.com Expungement Fraud Securities Fraud Outside Business Activity Registered Rep Magazine FOREX BrokerAndBroker.com FBI Banc of America Pro Se PCAOB Supreme Court Morgan Stanley Smith Barney E*Trade Margin email Galleon Penson U5 Defamation Protocol Wells Fargo Punitive Damages Citigroup Merrill Lynch ARS Employee Forgivable Loan Street Legal Morgan Stanley AWC Fidelity Bankruptcy Broke And Broker HFT David Sobel Day Trading Ameriprise Commissions Spouse Schwab Commission CRD Kenneth Starr IRS CNBC Complaint ATM Skimming Hacking Phishing Malware Naskovets Poteroba Koval Lincoln Financial Selling Away Outside Business Activities Rakoff 2nd Circuit Second Circuit IRA 401k Forgery Tax RRBDlaw.com Email Netschi Moore Whistleblower Street Sweeper Countrywide Tran Bharara Facebook Online Severance Bonus Eligibility Rule TD Ameritrade Hedge Fund SAC 1099 Smith Barney Lehman Brothers SIPC IC3 Scottrade Lehman JPMorgan Chase Hertz Insider Trading Bank of America Department of Justice Elles Bribe Auction Rate Securities Raiding Spam Edward Jones Medicare Diabetes Dow Schumer Thain Walter Bid Rigging Real Estate Discrimination Wall Street Statutory Disqualification Form U4 Form U5 Indictment Boyland DOJ Corruption bill singer FTC Do Not Call FINRA Arbitration Costa Rica Settlement LIBOR Varney Plea Rule 8210 Eligibility RRBDlaw Appeal Fowler LPL Johnson US Airways Reg D MSSB Vault Loan SunTrust Discovery Employment Rosenthal Recruiting Lawyer Trading Platform JP Morgan Employment Tuesday Wrongful Termination Bank Guarantee WaMu Solicitation REIT Martin Credit Cards Rule 3050 Away Account Credit Repair PN Advisor Placement Group Forex Mortgage Private Placement Moon CGMI Merrill Anderson Exam Lee Borrowing Tax Lien Conversion Oppenheimer Wedbush Felony Misdemeanor Expenses ING Lien OTR Estate Jobs Florida Credit Card Elderly Flash Drive Annuity Expense Reimbursement FNMA BrokeAndBroke TIC DWI Promissory Notes Suitability Will POA Power of Attorney Casino NSF MF Global Counterfeit Preet Bharara Corzine Hacker RIA Prison Disclosure NASAA Aguilar FCPA Subway Identity Theft Gold Dell Bar Injunction Bank Deutsche Bank Hospital Due Process God HSBC Private Placements Eric Stein Wire Fraud FINOP CCO Audit Joshua Brown Backstage Wall Street Obstruction of Justice Reuters Retaliation Variable Annuity Arbitraiton Outside Account Options Telephone Wine Series 7 Social Media ADA Pacifico Non-Prosecution Agreement Confirm Tax Fraud Retirement OBA Equity Indexed Annuities EIA MetLife Continuing Education Cheating OIP Tax Liens Willful CE Unregistered Impersonation Annuities BBVA Business Expenses ETF JOBS Act Mail Fraud Parking Variable Annuities Signatures BitTorrent Impersonator Wire Transfer Wire Crowdfunding Nasdaq Away Accounts WSP Laptop Dodd Frank Checks RMBS AML PST Solicited Unsolicited Congress SRO Wife Discretion Non-Solicitation Restaurant Commodities Private Securities Transaction Offer of Settlement Money Market employment jobs Great Recession Chase Investment Services Arrest Barclays Liens Failure To Supervise Apple Time And Price T&P Willfully Husband Letter of Authorization LOA Sexism Debit Card Knight Test Practice Sale Unfair Competition Signature Judgments Undisclosed Settlement Trainee Fee Trust Laser Side Bar Mattera Female Sales Assistant Kennedy Charge Sexist NML Argentina Embezzlement Silver Investor Alert Judgment Bank Fraud Deceased Bill Singer BrokeAndBroker TSSB Mary Jo White Trustee Motion To Dismiss Frumento Conspiracy 6th Circuit Proctor Rule 3040 Class Action Beneficiary NYAG Schneiderman Gallagher White Self Regulation Short Sale Compromise Website TRO Supervision Vacatur SDNY Rule 12206 BrokeAndBroker Bill Singer Piwowar Stifel Rule 1122 Article V signature Confidential Inside Information VA Regulation SP Customer Rule 3270 Rule 3240 Annual Compliance Questionnaire OWB 2Cir Stockbrokers Cybercrime Loans Altered Records
 
Email Bill Singer Connect with Bill Singer on Facebook Follow Bill Singer on Twitter Link up with Bill Singer on LinkedIn Join Bill Singer on Google+