n the Q&A session at the conclusion of my talk, a student asked me about the possibility of another financial crisis, and I told the class that there was no doubt in my mind that our country would be going into another financial crisis, although I could not predict the timing or circumstances involved.
Little did I know at the time that the second and third largest bank failures in our country’s history would be announced that weekend!
While our stories come from different industries, both situations involve manipulating people. All the similarities between our stories come down to one: Powerful people exploited those who lacked power in order to increase personal gain.
I have just learned that the documentary, The Con, a five-part investigative docuseries revealing massive frauds committed by large banks which led to the Great Financial Crisis, is being released through multiple channels… Apple TV, Amazon, Xbox, Vimeo, and Comcast On Demand.
All great trips eventually come to an end, and my whirlwind speaking tour in Ireland has. It was an honor to present to some of the most esteemed organizations in Ireland, Transparency International, the Institute of Banking, the National University of Ireland Galway and Business Matters radio. South East Radio’s Business Matters is a weekly business… [Read More]
Ireland continued to be a unique learning experience with my participating with some of the most esteemed organizations in the country. Throughout I was impressed with the emphasis each had regarding ethics in the banking culture and it was an honor to address these groups who are so focused on stamping out corruption in both… [Read More]
This coming week I’m off to Ireland where I’m presenting to several groups, Transparency International, Ireland, the Institute of Banking and the National University of Ireland. The core of each presentation is on ethics and integrity, using as a springboard my experience and resulting outcomes at Citigroup. I find that somewhat ironic given the present… [Read More]
The Siscriscom Network broadcasts TV programs internationally through its affiliated TV stations, cable and satellite networks, as well as through syndications. A featured prime time program is La Verdad Internacional, a weekly syndicated international affairs show that is broadcast throughout South America, many cities in the U.S. and now Africa. Their mission is to educate… [Read More]
According to Merrill Matthews; Senior Fellow at the Institute for Policy Innovation, “We do not think a U.S. recession is imminent, but the threat is very real; the caution flags are waving. Nor do we think recessions are inevitable. Rather, they are almost always the result of misguided policies — sometimes exacerbated by the Federal Reserve Bank,… [Read More]
Inflated bond ratings were one cause of the financial crisis and it looks as if we haven’t learned from that experience. Here we are ten years later and we’re heading down that path once again. People are concerned right now about an imminent recession for just cause. So how did we circle back? This… [Read More]
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]
