Jonathan Burrows Blackrock - let go for dodging train fare?

Jonathan Burrows, ETF fund manager (I believe), quite high up at BlackRock, has been let go of his job by dodging the train fare from his home outside London (equivalent of connecticut) to his office in London. FSA or FCA (this is a regulator) also seems investigating this case of train fare dodging.

My first reaction was, are they all retarded? My second reaction is, BlackRock must be a firm with ridiculous PC, unbearable work environment. Conformity is the only way to survive.

He was good at his job. All right, he was not one of those great guys who started their own firms and tried to make something of himself, but still, he climbed up on the buy-side (to a portfolio manager role in a top firm). There is no evidence to suggest that (and I don't at all think BlackRock let any of their employees do this) he was doing something dodgy at work.

Am I the only one who feels the HR and PC have too much power in the financial services?

On my first job outta college, my boss said, for a telephone monkey role, women are better suited because people are more receptive to women calling than men calling. I totally agree. Account manager positions like you see on buy-side, yeah, totally, let a pretty girl do that. People including women like talking to pretty girls. For a management role, let some man, charismatic man who can stand alone, do the job. It's easier to make people listen to the man than the woman. These are considered good business practice, right? But you get fired for dodging train fare?

What do you think?