This last week I had the honor of being interviewed for The Whistleblower Newsroom, a podcast by whistleblowers, for whistleblowers, developed and hosted by journalists Celia Farber, TruthBarrier.com, and Kristina Borjesson. Although I had visited with Ms. Borjesson several times on the phone over the last three years, we first met last November at the… [Read More]
Richard Bowen on WRVO, Syracuse University
In November I had the honor of visiting Syracuse University for the Robert Shetterly and the Americans Who Tell the Truth: Models of Courageous Citizenship portraits celebration. This was following the Washington, D.C. unveiling of five portraits of people honored as whistleblowers by the Government Accountability Project (GAP) where I was honored to be one of them. The week… [Read More]
Glass-Steagall: Come Back Before It’s Too Late. Again!
June 16th marked the 85th anniversary of the Banking Act of 1933, known as the Glass-Steagall Act, which separated commercial and investment banking. The Depression-era bank regulation kept different types of financial institutions separate. But collective memories have waned as to why it was put into law in 1933 in the first place and why… [Read More]
The DOJ report: Another Political Hot Potato?
The Justice Department’s report on the FBI’s handling of the Clinton email scandal and other actions in advance of the 2016 election is already a political hot potato. The report has President Trump supporters saying “Told ya so” and the general public questioning how the DOJ and the FBI runs its departments. And rightfully so…. [Read More]
The Fannie and Freddie Credit Merry-Go-Round
Remember the merry-go-round we rode when we were kids? You went round and round and tried to catch the prize, a brass ring. If you didn’t catch the brass ring – you wanted to get down but the merry-go-round kept going. Fannie and Freddie remind me of that merry-go-round as once again they appear to… [Read More]
Do We Have Government by Goldman?
As a headline of an article by The Intercept suggests? A funny thing happened on the road to the White House. A President who had railed against Goldman Sachs and other TBTF and proclaimed, “For too long, a small group in our nation’s capital has reaped the rewards of government while the people have borne… [Read More]
It’s available! “Business Ethics Lessons Learned…A Citigroup Whistleblower’s Perspective” – Now At Amazon
The 2008 financial crisis, the worst in our history and the egregious fraud, greed and corruption which led to it, impacted not just the banking world but businesses and individuals worldwide. And, it could well have easily been prevented if best business practices had been followed. For the last two years, my team and I… [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]
Are Regulations Killing Our Economy?
The fourth of a six part series airing on the McCuistion Television Program, which has been focused on the 2008 financial crisis, “Have Dodd- Frank and Other Regulations Been Effective?” (watch it here), featured my Bank Whistleblowers United colleague, William K. Black. William, a white collar criminologist and former financial regulator as well as the author of The Best… [Read More]
Did the Federal Appeals Court Just Open Up the Floodgates to Fraud??
In a recent 3-0 ruling that has left many shocked and scratching their heads, a federal appeals court has reversed a $1.27 billion jury verdict against Bank of America (BofA). The federal jury took only three hours in 2013 to find BofA guilty of civil fraud for deliberately selling defective mortgages through their Countrywide unit… [Read More]
