What the FDIC's Toxic Workplace Culture Can Teach Us

Episode 38 November 17, 2023 00:15:02
What the FDIC's Toxic Workplace Culture Can Teach Us
Ethicast
What the FDIC's Toxic Workplace Culture Can Teach Us

Nov 17 2023 | 00:15:02

/

Hosted By

Bill Coffin

Show Notes

On November 13, the Wall Street Journal published a bombshell report by Rebecca Ballhaus detailing a pervasive toxic culture at the Federal Deposit Insurance Corporation, or FDIC, the federal agency that oversees the stability of the U.S. banking system. The report involved interviews with more than 100 FDIC employees and detailed a gruesome record of misbehavior, including misogyny, sexual harassment, alcohol abuse, managerial neglect, speak-up retaliation, and more. Joining us to offer her expert insight on what lessons ethics and compliance professionals can learn from the situation at the FDIC is Ethisphere’s Chief Strategy Officer and Executive Chair, Erica Salmon Byrne.

"Strip Clubs, Lewd Photos and a Boozy Hotel: The Toxic Atmosphere at Bank Regulator FDIC"

Other Episodes

Episode 45

December 15, 2023 00:15:12
Episode Cover

Compliance Leader Verification Insights from Unum

Ethisphere recently granted the Compliance Leader Verification (CLV) to Unum - a leading provider of employee group disability, dental, life and critical illness insurance,...

Listen

Episode 114

September 13, 2024 00:07:10
Episode Cover

BELA Asks: How Do I Onboard a New Senior E&C Team Member?

One of the best benefits of being a Business Ethics Leadership Alliance (BELA) member is that you can submit any questions about ethics and...

Listen

Episode 195

July 16, 2025 00:14:04
Episode Cover

Understanding the Dark Pattern of Misconduct

In this episode, we speak with Guido Palazzo, professor of business ethics at the University of Lausanne and his book, The Dark Pattern: The...

Listen