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 39

November 22, 2023 00:32:09
Episode Cover

How to Navigate Evolving Cybersecurity Regulations

In this Ethicast exclusive, Karen Evans, Managing Director of the Cyber Readiness Institute and Gregg Sofer, partner with Husch Blackwell take a deep dive...

Listen

Episode 149

January 17, 2025 00:08:23
Episode Cover

BELA Asks: Why is Culture the Top Topic in the BELA Member Hub?

Culture is at the heart of every great organization, and ethical culture is at the heart of every great culture, period. In this episode,...

Listen

Episode 59

February 13, 2024 00:15:17
Episode Cover

How to Secure E&C Resources Even When Budgets Are Tight

SABIC is one of the world’s largest chemical manufacturing companies, with more than 31,000 employees in 50 different countries across the Middle East and...

Listen