Do You Know Fred Hubbell? Fred Hubbell presents himself as an experienced business leader. It is important for lowans to know his full buiness record. Below are several parts of that record that lowans should be concerned about. Sources are shown at the end of each item, along with questions that they raise. Links to the original sources can be found on the website www.NotoFred.com Trading With Enemies Downfall of lowa Companies Squeezing lowa Workers After seling his family's130 year old lowa When Fred moved to lowa from New York In a Des Moines Register interview, Fred insurance business to the giant mu national company ING, Fred was given a insurance, a 130 year old lowa compa chey must get more sales out of their em job as a senior financial executive and y Accused of a fraudulently selling moved to Amsterdah The US govern vanishing premium policies, Fred setted Younkers employee who took over a beau ment dicovered thuit under Fred's watch awuit with thousandi of policyholders slion in Burlington Americans ande the company laundered mondry for Iran for $20 million, then sold the company to a only willing to handie five customers in a and Cuba in viglation of the Trading with dant turopean muiltinational, caled the Enemy Act. A $600 miltion fine,the ING Fred promised that Des Moines em six or seven and so do the people who largest ever, was levied for "knowingly and ployment would grow but the company work for hec" He went on to say The inony willingy conspiring in oriminal vity now employs a third fewer people in Des is that without these challenging economic Ony his dad put him in charge of Equitable sald "If shopkeepers are going to survive Moines than before the sale. Fred was many lowa retalerswoulon't even were used to provide state sponsors of ter· even a job as a serior tnancial execumve recogne the potent al behind-proved ror access to the ULS. financial systemwithING and moved to Amsperdam. Add prouivity." in other words, recessions Did he not knowor did he not one? ng innul to injur ING got hall a mlion have a bright side, becaune business own dollars from lowa taxpayers to move three ers can push their employees to work blocks in 2017, whe Fred was stil with the harder company, which paid him millions and mil- Taxpayer Bailout As a senior financial eeecutive with Am sterdamm based ING, Fred helped lead the company into a downward spiral tha ed in a 10 biaion Eaxpayer bailout does Fred core about lowo workers? s profit all that matters? omy in lowa wi cost jobs,bues leae say Moines Fred's compensation at ING while he lived Will feed monoge lowa likr he managed Ignorance or Worse? Fred was CEO of Equitable and Younkers. site, Al the gant muildi national irm ING, Fred da/1039765 000115697303000435 was General manager of finance Services u46016exv9w3htm. International, CEO of Retail FinanceSris aual salary was $1.3 milion glus a vices, Chairman of the executivecm arge bonus He also recelved a car minee of ING Finance Services Internation drive $2 weeks of paid sick leave, free York Times, 1soG on from Dutth gpvemment Dutch taxpayers were stunned to leam that their balout place and automate the jobs of 7,000 workers. As a Dutch labor the company paid 7 billion euros to share holders. Today the workers pay the in-c member, a member travel, free tuition for his children, and free an executive board of the audit committee, and lead director for ING from 1997 until July of 2017, ING money leader put it, Does Fred know how the rest of ws e? laundered money for needed a taxpayer balou. Equitable cheated policyholders with vanishingpre mium Younkers fell Into bankruptey ber Fred sold it, putting shousands of wans out of work. Oid Fred know what wos happening? NG Corporat-lipned States Treasury presi nelese,322 Iran Mansions Fred owns a $1 iion house in Colorado, and a $2 million house in Ariona Setween sihing and sunbathing, will Fred hove time for us? Fred's record shows how he would run lowa He puts money over people, and Hubbell family wealth over everything Don't let Fred Hubbell do to lowa what he's done to taxpayers and workers www.NoToFred.com