Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

Posts Tagged ‘blowing the whistle’

SEC Whistleblower Program: Risks vs Rewards

Posted by Larry Doyle on July 22nd, 2014 7:50 AM |

If you became aware of unethical and likely illegal practices at your company, would you consider ‘blowing the whistle?’ This question is a daunting proposition filled with very real risks that should be measured against potential rewards.

Given the risks and unpleasant real life experiences of many whistleblowers on Wall Street, I firmly believe and recommended in my book that Congress should establish a privately staffed Office of Whistleblower Protection. Some may think that is overreach. I don’t. Others in much greater proximity to the ‘whistles’ would seem to share my view that blowing the whistle is a high risk proposition deserving of increased protection.

Let’s navigate.  (more…)

CFTC’s Scott O’ Malia ‘Blows The Whistle’

Posted by Larry Doyle on May 8th, 2014 1:19 PM |

What does it say about a regulatory oversight system when individuals from inside start to ‘blow the whistle?’

I think it speaks volumes that all is not well, and somebody better start to really pay attention and take some meaningful action.

A month or so ago we heard from retiring SEC attorney James Kidney voicing real concerns in describing the commission as little more than a “tollbooth on the banksters’ turnpike.” Now we hear CFTC (Commodities Futures Trading Commission) commissioner Scott O’ Malia also blowing the whistle. Let’s navigate as Pensions and Investments highlights O’ Malia’s siren call:  (more…)

Governments Lose Trust as Corruption Soars

Posted by Larry Doyle on July 9th, 2013 9:59 AM |

There is not much that shocks me these days. There is even less that causes me to raise my eyebrows.

Well, this morning I raised my eyebrows in reading a commentary that hits directly upon a theme known all too well by readers of my blog: a lack of transparency in government generating a whole lot of corruption and subsequently a pervasive lack of trust. Let’s navigate as CNNMoney provides “eyebrow rising” info.

Have you recently paid a bribe to a local politician, judge or police officer?

If so, you’re not alone. More than one in four people around the world have paid a bribe in the past year, according to a global survey conducted by Transparency International(more…)

George Hartzman Blows Whistle on Wells Fargo’s Envision Plans

Posted by Larry Doyle on February 11th, 2013 8:55 AM |

A week ago I cautioned people on two fronts in writing about Top Ten Investor Threats and How Much Are You Really Paying for That Fund?

In serendipitous fashion, over the weekend I read about a former financial advisor at Wells Fargo who blew the whistle on his firm for not properly informing clients of investment fees embedded in one of its programs. Which one? The Wells Fargo Advisors Envision plans. Let’s navigate and see exactly what this whistleblower, George Hartzman, has to say as he writes: >>>>> (more…)

Profiles in Courage Blowing the Whistle

Posted by Larry Doyle on February 22nd, 2012 2:01 PM |

I have crossed paths with some exceptionally interesting people while navigating our economic landscape and writing Sense on Cents over the last few years. These individuals encompass a wide swath of our American population and include investors, economists, lawyers, consumers, small businesspeople, bankers, students, and so many more.

While I admire and respect most of the people with whom I interact, there are a handful who truly occupy a very special place in my heart and in the Sense on Cents Hall of Fame. Who are these people whom I consider true American heroes?  (more…)






Recent Posts


ECONOMIC ALL-STARS


Archives