Now Even Wall Street Firms Are Becoming Whistleblowers
February 23, 2012 by Page Perry, LLC
What’s the difference between a Wall Street bank and a whistleblower? Nothing! While Wall Street railed against whistleblower protections for employees in Dodd-Frank, turns out they are falling all over themselves to blow the whistle on each other. Why? Because the first to tattle gets protections that are not offered to the second to tattle. (“UBS Turning Whistleblower in Libor Probe,” Bloomberg). But wouldn’t it be better to encourage more employee whistleblowers so as not to have to dispense protections to corporate wrongdoers that make getting caught just a cost of doing business?
Continue reading "Now Even Wall Street Firms Are Becoming Whistleblowers" »
