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"
In our BELA Asks series, we address questions posed by members of the Business Ethics Leadership Alliance (BELA) about wider issues facing the ethics...
Acting Assistant Attorney General Nicole Argentieri and Deputy Attorney General Lisa Monaco's recent back-to-back public statements on executive compensation clawbacks, voluntary self-disclosures, and mergers...
In the second installment of our special Ethicast series on supply chain due diligence, Patrick Neyts (CEO, VECTRA International), Rob Bailes (Director of Sustainable...