I suppose there must be an exception for financial institutions but this is why employment blacklisting is illegal in California. It seems like a good idea (as

I suppose there must be an exception for financial institutions but this is why employment blacklisting is illegal in California. It seems like a good idea (as an employer) until you realize how utterly ripe for abuse it is. I don't know if this abuse is enough to warrant regulation of the way the finance industry operates the blacklist but perhaps it's worth considering. I'm not sure how you could retain the obvious benefits of the blacklist while preventing abuse though. Perhaps require that only illegal/fraudulent behavior as a permissible reason? I don't know enough about the industry to really offer meaningful suggestions that won't have catastrophic unintended consequences but abuse of employees by their employers makes me incredibly angry.