David Pappalardo, NMLS #1487857, A mortgage industry legend, unfortunately, that legendary status only exists in his own mind, which should be a huge red flag whenever anyone considers David Pappalardo for employment.
David Pappalardo was selected by JP Morgan Chase in 2011 as the individual to oversee the Article VII investigation for The Office of the Comptroller of the Currency of the United States and David Pappalardo did so....in the most self-serving way possible, but aligning himself solely with the bank that employed him to conduct the investigation, JP Morgan Chase, and attempted to bury any and all information, and people, that would cast a negative light on the bank in this investigation.
David Pappalardo, in a city full of banking and mortgage industy experienced professionals, scapped the bottom of the barrel to hire the most uneducated and least experienced indivduals he could to work on the project. Why? David Pappalardo didnt want people who were working on this project who knew what they were looking at; he didnt want people who understood what was actually going on.
Instead, David Pappalardo would "teach" them what they needed to know. In fact, David Pappalardo point blank stated to a colleague at one point that he "didnt want people with mortgage experience to work on the project or lead or manage teams", he wanted "people who could manage and he would teach them the mortgage information they needed to know" You bet he did. David Pappalardo had individuals that had not only NO mortgage experience lead and manage teams for the investigation, he had people with NO banking experience oversee large portions of the project; including one clown whos only management experience came from being a manager of of pest extermination company, scott wolff.
This is what David Pappalardo wanted. And in the rare instance there was somebody who had banking, or mortgage, or management experience in those areas that was working on the project, David Pappalardo and his cohorts ACTIVELY and INTENTIONALLY attemped to weed those people out of the project and out of the company, which is a common practice at the Metroplex facility in Brooklyn. They make up false accusation, then try to use their security to get people out of the company. CLOWNS.
David Pappalardo manipulated the results of the Article VII investigation in favor of JP Morgan and in favor of himself because it was good for himself to do so.
Unfortunately for David Pappalardo, the end result of the Article VII investigation was that ALL of the large banks agreed to settle the lawsuit against them by the federal government. Reason being, THEY WERE GUILTY AS HELL AND KNEW IT AND THEY DIDNT WANT THE INFORMATION TO GET OUT. But the indivdual who proposed to do so wasnt David Pappalardo. It was someone David Pappalardo tried to get rid of because that individual knew what he was looking at.
FU David Pappalardo.
In additon, If you'd like some samples of the type of people David Pappalardo did want working on the project well....
Zalika Pierre attorney at instagram, the practising law institute, the metropolitan black bar association, and formerly of holland and knight, and reed smith, is an idiot who continuously attempts to use negligible experience at jp morgan to fluff her resume into gaining employment at law firms. Miss pierre was a member of an article 7 team assembled at jp morgan in late 2011 early 2012 that was temporarily put in place to review consumer loans at the bank.
This position involved absolutely ZERO training in how the consumer lending department was run, rule and regulation of the department, lending standards, or any of a litany of other requirements needed to be able to perform this job in banking.
It was strictly a position used to review loans. PERIOD. Yet, miss zalika pierre has fudged this experience on her resume repeatedly to try to make herself look like some kind of expert in the consumer lending field to gain employment representing not only consumers, but lending institutions themselves.
It is completely fraudulent. Miss pierre attempted to weed out other individuals during her brief stint at jp morgan in trying to secure a permanent position for the bank.
Including, but not limited to, using the fact that she was an attorney and could assist the bank with any work related grievances or liability they may suffer at the hands of other employees who the bank had wronged. She is slimy and and her experience is false.
Her actions have been reported to the appropriate overseers on more than one occasion. She also has an issue with making inappropraite comments, making inappropriate advances, and trying to "snuggle up" too, at least, anyone who is a superior to her of the male persuasion.
Also a member of the metropolitan black bar association, she never shys away from standing up for her people, attorneys or otherwise, and essentially everything shes achieved professionally has come at the expense of someone else.
Again, the experience she bases her entire career on never happened. She was never actually trained to know any of it, she just worked someplace where other people did know and now uses that non existance experience as the single most emphasized point on her resume to land herself jobs. Pathetic.
Travis Poteet, premier bank at wells fargo and formerly of jp morgan chase, is yet another example why the banking industry in this country is in shambles as his indiscretions have cost clients of the firm money, their homes, and filtered many untrained and unqualified individuals into the banking ranks at jp morgan chase that never should have been there.
Travis Poteet has been an employee at jp morgan chase for more than a decade. his previous role at jp morgan chase is as a traveling trainer who was involved in the article VII investigation conducted by the office of the comptroller of the currency of the united states that mandated all of the big banks go back and investigate their lending practices to see if if as their own malfeasance that cause the 2008 banking crisis.
travis poteet was a trainer for this project for jp morgan chase, imported in from california, to the metroplex complex in brooklyn, ny where jp morgan conducted this review. travis poteet, along with the rest of the corrupt individuals involved in the training process assembled for this project (and the corrupt individuals at jp morgan chase at the executive level that knowingly let this happen), manipulated individuals test results of people the training staff taught that they didnt like, or were afraid would take their jobs, so that those individuals would fail out of being on the project, or set them up so they would be fired out of jp morgan not able to ever work there agian.
travis poteet changed the test results of individuals he wanted out of jp morgan in classes he was instructing. This is a common practice at jp morgan chase. travis poteet manipulated individuals tests results and bad mouthed people that had vastly more knowledge than he will ever have in banking to keep his job, the jobs of others on the project he was in cahoots with (like attorney zalika pierre and present environmental waste management salesman scott wolff, and hr rep russell kelner, including many hirer-ups), and to eliminate individuals that posed a threat to girls that he and other jp morgan chase employees had their eyes on, to get them removed from the project and fired from the bank.
This was all done with the backing of jp morgan chase, this conduct is a common practice at jp morgan chase. Inclusively, this practice is a prime scheme used by security services at jp morgan chase, and other banks and companies in nyc to get rid of individuals they themselves dont want at the bank because that individual is tougher than they are, are being bribed to do it by higher ups in the company because they are afraid for their jobs, or because they are interested in girls at the company that this individual is an impediance to thier delusional ambitions.
travis poteet is a tool used by jp morgan chase to repeatedly carry out dirty work. The reason for this is becuase travis poteet doesnt not belong in the banking industry because travis poteet has a criminal record and is a criminal, and as such, is fortunate to be able to work in banking, a fact jp morgan chase exploits to carry out their dirty work.
From travis poteets own FINRA disclosure:
11350(A) HS POSSESSION OF CONTROLLED SUBSTANCE
11357(A) HS POSSESSION OF CONCENTRATED CANNABIS
Broker Comment (travis poteet)
WHILE ATTENDING CALIFORNIA STATE UNIVERSITY OF FULLERTON IN 2007, I WAS DRIVING TO WORK AND WAS ARRESTED FOR DRUG AND FIREWORKS POSSESSION. THE DRUGS CHARGES WERE DISMISSED WITH A COMPLETION OF A DIVERSION PROGRAM, HOWEVER, THE FIREWORKS POSSESSION (MISDEMEANOR) I ACCEPTED.
THERE ARE CITIES IN ORANGE COUNTY (WHERE I WAS GOING TO SCHOOL AND WORKING AT THE TIME) WHERE FIREWORKS ARE LEGAL, AND THEN OTHER CITIES WHERE THEY ARE ILLEGAL. I HAPPENED TO BE ARRESTED IN A CITY WHERE FIREWORKS WERE ILLEGAL. I DO UNDERSTAND THAT I HAVE MADE MISTAKES, BUT I HAVE MOVED ON WITH MY LIFE. IN SUMMARY, I HAVE BEEN CONVICTED OF ONE MISDEMEANOR AND THAT INCIDENT OCCURED OVER 7 YEARS AGO. I HAVE WORKED HARD ON MOVING FORWARD WITH MY LIFE IN A POSITIVE MANNER.
See it here: https://brokercheck.finra.org/individual/summary/6421439
But travis poteets mea colpa is not sincere. Because travis poteet has not tried to move forward with his life in a positive manner. Thats just bull he uses to try to get and keep his license. travis poteet has continued to scheme his was through life in the manner described above. he has schemed his way at the expense of others to do things he should not be doing because he is not qualified to, not smart enough to, and has used criminal means to get rid of others to try to pave a path for himself. and jp morgan knowing this, uses him to carry out their bidding and keeps him employed for doing it because he is not qualified to, and his criminal record precludes him from, working in the banking industry anyplace else.
Aware of travis poteets conduct, jp morgan removed travis poteet as a trainer, but kept him employed in a nice, cushy, job at a branch in california. Never know when you might need to use him again.
Surely FINRA should have higher standards, but being pursuaded by jp morgan chase has its perks.
Travis Poteets indiscretions have cost clients of jp morgan chase countless dollars and allowed further unqualified individuals to work and oversee areas of banking they never should have been hired for. And while now at wells fargo, travis poteet can not erase his time, or his actions, at jp morgan chase, no matter how much he tries to remove it from his resume.