I've started three businesses in Utah employing hundreds of employees and each
time I have asked myself, "Is any success in the world worth the harassment I've
experienced from the state of Utah (Securities Division)?" I still wonder!
I agree with Astounded. It's ridiculous. And yes, audits are a HUGE threat to
all government agencies. I can't count the number of times I've been the the
DoS and DoC or how many employees I know by first name--they're all incompetent.
Worse, some of these inept people are emotional about work and routinely exceed
their authority. I've seen it first hand. I hope this audit cooks them all.
Anyone know how to get more details on the audit?
WHAT? WHAT DOES THIS MEAN? Should they only investigate the weak and
defenseless? Are audits a threat to the division?
If checking past employment history and character references before hiring
employees in such important governmental positions were a pre-requisite, this
entire problem could have been prevented. Klein has had problems with the very
issues he is now facing in previous positions, in different states. A simple
phone call and a reasonable supervisor may understand that if the entire
industry and employees and staff in all jobs Klein has held previously have all
had problems with him - the problem really could be Klein... It really is a
travesty that it takes a legislative session to open eyes.
Maybe the audit should look into more than just Klein. Maybe they should be
looking into Giani's mismanagment of the Division of Securities through Klein.
Maybe ask prior employees why they left. You'll get a better picture of what
really is going on. The Division of Securities used to be respectable before
Giani took over and hired a loose canon. Employees are very disatisfied and are
on pins and needles in fear of being fired if they talk. Too bad for all those
hard working employees who aren't paid enough to have to deal with this manure.
This is not why Wayne Klein resolved. The First Western Case is being used as a
smokescreen. The real reason for Mr. Klein's resignation can be found in the
legislative audit. The allegations against Mr. Klein are very serious. If the
media wants to get the story correct, and blow past the Giani/Klein smokescreen,
you should talk to the people involved in the legislative audit and the staff of
the division. First Western Advisors has nothing to do with the real reasons
for Mr. Klein's resignation.