There’s a high cost to being a whistleblower. As my Bank Whistleblowers United colleagues and I can attest to, being a whistleblower means losing your job and most future possibilities of getting another position in your profession are slim to none; not to mention the human cost of the stress and emotion involved and the personal… [Read More]
Is Wall Street Taking Over Trump’s Cabinet? Will It Impact Accountability?
The December 10th issue of The Economist said, “The emerging Trump strategy towards business has some promising elements, but others that are deeply troubling.” I agree. In his campaign, Mr. Trump slammed Wall Street and Goldman Sachs, however his actions seem to bely his previous position. From the early days of his campaign, one of Donald Trump’s… [Read More]
Fed’s Kashkari Releases Plan to End “Too Big To Fail,” Compares Banks to Terrorists
(title per ZeroHedge) When Neel Kashkari, a former Goldman Sachs banker who helped administer the U.S. Treasury Department’s bailout program during the 2008 financial crisis, was appointed as President of the Minneapolis Federal Reserve Bank, I commented on his intent to break up the big Wall Street banks as either too good to be true, or… [Read More]
A Trump Election- A New Direction For the US Economy?
The jury is out and the predictions from economists are varied. The elections were supposed to reduce the concerns and uncertainty prevalent in our country; they have not. While there is now hope, uncertainty about our economy is stronger than ever. A Trump presidency fundamentally challenges the future of globalization and status quo capitalism. We may… [Read More]
The Whistleblower: David vs Goliath — You Don’t Have to Be A Giant to Make a Difference
The story of David and Goliath is one most of us are familiar with. Goliath, the Bible character, as told in the Books of Samuel, is described as a giant Philistine warrior who was defeated by the young and small David, a shepherd and future king of the Israelites. No one would stand up to… [Read More]
Can Ethical Principles Become the New Norm?
Pick up a newspaper, read the headlines, turn on your TV set and the prevalent news relates to lying, cheating and stealing. Whether it regards our politicians, business professionals, or local leaders much of our daily input is negative. The trust we put in our elected officials, the media, bankers and business executives is at… [Read More]
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