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]
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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]
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]
Does Whistleblowing Pay? New Study Says Yes!
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]
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]
There Aren’t Any Hallmark Cards for Whistleblowers… Yet!
Well National Whistleblower Appreciation Day came and went July 30th, without much fanfare or appreciation from most. Still, the fact that there is such a designated day is a step in the right direction. Senators Chuck Grassley (R-Iowa) and Ron Wyden (D-Ore), and their bipartisan Senate Whistleblower Protection Caucus led the charge and the U.S…. [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]
Philosophy for Bankers…? How About Just Classes in Honesty and Ethics?
Several articles came across my desk this week. I found one especially intriguing, as it fits my frame of reference. It is a post by Ms. Yves Smith, commenting on an article “Can Philosophy Stop Bankers From Stealing?” by Lynn Parramore, a senior research analyst at the Institute for New Economic Thinking. Smith argues that the title might… [Read More]
The 2nd NCPA Financial Crisis Initiative kicks off with the Honorable Jeb Hensarling (R-TX)
This week the National Center for Policy Analysis (NCPA) is holding its second Financial Crisis Initiative conference in Washington, D.C. I’ll be part of the panel discussions along with my colleague Marianne Jennings, ethicist and the author of The Seven Signs of Ethical Collapse and several other speakers who were in Dallas this month. The D.C. audience… [Read More]
The Financial Crisis Initiative
This week, three of the Bank Whistleblowers United founders, joined me in Dallas, to be on the McCuistion Television program specifically addressing our BWU initiative, what really caused the financial crisis and what must be done now to prevent another. The TV taping went very well and I’ll be sharing the program itself with you in… [Read More]
