The Freedom of Information Act, or FOIA as it is commonly known, became the law of the land in 1966 in order to make it easier for the American people to get access to documents, notes and other relevant information about how the federal government wields its considerable power. It is a critical element to… [Read More]
Justice is Not Being Served – Once Again, What a Surprise!!
Last week I wrote about my concerns regarding Mary Jo White, the former SEC chair who was leaving her post, to return to her former law firm. Ms. White’s performance while SEC chair was abysmal. However my main concern is not her performance, rather it is the continual revolving door that exists in D.C. I commented,… [Read More]
The Wall Street Merry-Go-Round Revolves Again!
Well, while many of us notice, and many of us care, our opinions matter not! President Trump continues to astound citizens with his about-face on Wall Street, now welcoming them with open arms and he’s filling the White House with former TBTF executives and those who defend them. The revolving door which exists in government and on Wall Street, where the government… [Read More]
Should We Welcome Back Wall Street?
A recent New York Times Sunday Review featured an article by my friend, William D. Cohan, author of The House of Cards and the forthcoming Why Wall Street Matters. The article, Welcome Back Wall Street, points out President Trump’s vilifying Wall Street throughout his campaign and his present about face- which is now welcoming Wall Street’s… [Read More]
First Time Televised… Smoking Gun Evidence on Full Measure!
Full Measure News is broadcast to 43 million households in 79 markets on 162 Sinclair Broadcast Group stations, including ABC, CBS, NBC, FOX, CW, MyTV, Univision and Telemundo affiliates and streams live Sunday mornings at 9:30 a.m. ET. In some markets they are seen more than the cable news competition in that time slot, and by… [Read More]
Bill Black Challenges Warren Buffett and Charlie Munger… about Hiring Whistleblowers
My friend and Bank Whistleblowers United co-founder and colleague William K. Black (Bill) author of The Best Way to Rob a Bank is to Own One, recently wrote an article talking about the “ideal director traits,” a summary of which had been published in the Wall Street Journal. The ”desired director traits” are based on a survey… [Read More]
A Case Study on Enron: How to Destroy a Company!
One of the most celebrated companies in America, Enron, became the poster child for greed and fraud. Today it is a case study for how quickly a bad corporate culture can sink a business. WNET, which is the flagship public station of the New York City tri-state area, and the most watched public television channel in the… [Read More]
Audit the Fed? Maybe this time it will happen.
Senator Rand Paul and Representative Thomas Massie have re-introduced a bill in Congress to audit the Federal Reserve. The Federal Reserve Transparency Act of 2017 would require that the Government Accountability Office (GAO) “conduct a thorough audit of the Federal Reserve’s Board of Governors and reserve banks within one year of the bill’s passage.” Rep. Massie… [Read More]
The Clock is Ticking… Will Snowden be Pardoned by President Obama?
There is heated debate as to whether Edward Snowden should be pardoned or not with protagonists and adversaries making a strong case for and against clemency. There is some historical precedent for presidents granting clemency in leak-related cases. In the past, presidents have made a splash with clemency on their way out. However, President Obama says… [Read More]
A Tale of Two Whistleblowers according to Malcolm Gladwell
Definition: A whistleblower is a person, who could be an employee of a company or a government agency, disclosing information to the public or some higher authority about any wrongdoing, which could be in the form of fraud, corruption, etc. An employee who alleges wrongdoing by his or her employer of the sort that violates… [Read More]
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