Last week, I blogged about the recent critical GAO report which found that Congress and the Administration have not done enough to implement oversight of the $700 corporate bailout bill that was passed in October. Well, after weeks of foot-dragging, the Senate has finally voted to appoint former New York Prosecutor Neil Barofsky to the position of
Bailout Bill
GAO Report Highlights Lack of Accountability, Transparency in Big-Business Bailouts
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Posted in Corporate Whistleblowers, News
Yesterday the Government Accountability Office, which is responsible for overseeing wasteful spending in the federal government, issued a 66 page report (see the summary here, with link to the full report) concluding that the Treasury Department and Congress have not done enough to prevent waste, fraud and abuse in the $700 Billion bailout…
ABC News Story Highlights Need for Whistleblower Protection on Wall Street
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Posted in Corporate Whistleblowers, News
In September, as Congress was racing to put together the Wall Street bailout legislation, the National Whistleblower Center was calling for whistleblower protections to be added to the bill. Despite their efforts, Congress did not listen. They authorized the Administration to distribute $700 Billion of taxpayer money, but refused to protect employee whistleblowers who…
Last Minute Push for Stronger Whistleblower Protections For Inclusion in Federal Bailout Legislation
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Posted in News, Whistleblower Legislation
As you know, Congress is about to vote on a bailout bill for the financial
sector. Whether you support this bill or not, we ask that you immediately call your Senators and demand that strong whistleblower protections be included in the bill because if we had meaningful whistleblower protection we probably wouldn’t be in the…