made it easier for me, in a strange sense.” From the ground up, you’re not gonna get any unfair advantage, from me. “But he always told me that if you decide to come work here, this is your own choice, and you cannot expect to have it easy, just because you’re my daughter.
“When I first came to work for my father,” said Vera, “I remember looking at him and thinking, ‘Please define who you are, are you my father, are you my boss?’ It becomes interchangeable at times. The sisters admitted that working with a parent as a boss isn’t always smooth sailing. “That’s not part of the bank’s mission, per se, but we individually are going out and speaking about how discrimination is not only alive and well, it is thriving… trying to understand things such as implicit bias, subconscious bias, all these issues that are going on here and everywhere.” We can see how unfair the criminal justice system is, especially for those who don’t have resources. Vera Sung said, “We’re advocating for financial reform, but stepping outside of what the bank does, advocating for criminal law reform. The two Sung sisters are both attorneys, as is their father Thomas and their third sister, Chanterelle, who does not hold a formal position at the bank, but who will appear at the Wing Luke Museum to present the documentary. Jill Sung’s sister Vera Sung, a director for the bank, elaborated that the family was so badly shaken by the case, they’ve become, outside of their scope as bank officials, advocates for improvements in the justice system. It was very entertaining the transcript read back… it would have been wonderful to have the not guilty verdicts filmed, because that was 80 counts of not guilty, not guilty, not guilty, and then repeated by the court clerk, and the other two defendants, for a total of 240 not guiltys.”
Wikipedia abacus federal savings bank trial#
“As the trial went on, it was pretty incredible to us how bad the case was, on the D.A.’s side, and it’s very hard to capture that. Sung elaborated that she liked the finished film well enough, but she did wish that the cameras could have gone into the courtroom, to demonstrate more fully what she describes as the ludicrousness of the prosecution’s side.
We were in a very precarious position where potentially we could lose, right? And that would be quite disturbing and who knows what that would look like?” I always felt there was a downside to this (the film). “I don’t like being probed, or having to show any part of myself on camera. “I’m a very private person,” commented Jill Sung, president and CEO of Abacus.
Wikipedia abacus federal savings bank professional#
According to two of the founder’s daughters, though, the perils of the case and its aftermath weren’t only professional ones. They came close to losing everything that the bank’s founder, Thomas Sung, worked since 1984 to build, as relayed in the documentary film “Abacus: Small Enough to Jail,” screening at the Wing Luke Museum. The Sung family of Abacus Federal Savings Bank spent years in court, accused by the Manhattan District Attorney’s office in New York City of fraud, connected to the 2008 financial crisis.
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