Episode 143: Chaos at the FDIC!

This episode follows the evolving story of the cultural crisis at the Federal Deposit Insurance Corporation (FDIC) and its embattled Chairman Martin Gruenberg. An explosive report was released by an independent firm on the FDIC’s workplace culture, and it found sexual harassment, discrimination, and more misconduct including Mr. Gruenberg’s abhorrent attitude toward employees. Mr. Gruenberg was ready to step down but now is apparently staying, under political pressure, until a successor can be named.