Being a whistle-blower is not what an individual strives to be. It comes with strings attached, yet the “errors” some employers make leaves no room for silence. Alayne Fleischmann, recently of JP Morgan Chase, is another example of employee observation of their company’s wrongdoing – and the need to report what is egregious wrong doing…. [Read More]
Whistleblowers: Inside the Mortgage Meltdown
We keep trying to figure out just what caused the mortgage meltdown and credit crisis, and one might very well ask, “Didn’t anyone know what was going on? Did anyone ask? Did anyone care?” The truth is – many of us did. And were ignored. When I say here we go again, it’s because it doesn’t seem… [Read More]
It’s Déjà Vu All Over Again! Is the Financial Crisis Restarting?!
The recent WSJ announcement of the loosening of credit standards at Fannie and Freddie leaves me stunned. Seems as if the government doesn’t learn from experience. It is déjà vu all over again! It was reckless government policies that started the financial meltdown to begin with. This loosening of credit standards and allowing folks to… [Read More]
Department of Justice – Encouraging Whistle Blowing or Blowing Smoke?
In a recent presentation at NYU’s law school, the former Attorney General Eric Holder, said the Department of Justice needs help from whistleblowers if they are to bring financial malfeasance to justice. As Holder stated, ” their evidence is crucial to the work of investigators.” Yet some of us question the motives and believe it’s… [Read More]
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