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Richard M. Bowen | Citigroup Whistleblower | Ethical Leadership Speaker
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Ethical Leadership Speaker & Citigroup Whistleblower
Ethical Leadership Speaker & Citigroup Whistleblower

11 followers
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Richard M. Bowen | Citigroup Whistleblower | Ethical Leadership Speaker's posts

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It seems that Wall Street will not be held accountable. Quite the contrary, they are filling the chairs at the White House as a reward!

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Regardless of how talented President Trump’s new Wall Street advisors might be, regardless of the sound advice they might give our new President, and they certainly have the experience and knowledge to in fact offer good guidance if they so choose; to allow a continuance of their previous gambling using other people’s money is criminal. Wall Street needs reform, not rewards.

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Mr. Gladwell’s article may well prevent more harm, fraud and corruption being exposed. An egregious injustice for those who truly care about democracy.

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Wishing you a prosperous and healthy year!

My thanks and wish list for 2017: http://buff.ly/2htHWOX

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Surprise: Whistleblowing is actually demonstrating results, a real return on the investment.”

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There’s a high cost to being a whistleblower. As my Bank Whistleblowers United colleagues and I can attest to, being a whistleblower means losing your job and most future possibilities of getting another position in your profession are slim to none; not to mention the human cost of the stress and emotion involved and the personal financial debacle that comes along with this decision. 

While Sarbanes-Oxley supposedly protects whistleblowers from retaliation, the facts prove different. So it is an end of year gift to discover that whistleblowing is actually demonstrating results, a real return on the investment.

New research by Jason H. Wilde, an assistant professor of accounting at the University of Iowa’s, Tippie College of Business, “demonstrates for the first time that financial shenanigans at companies decrease markedly in the  years after truth tellers come forward with information about wrongdoing in their operations.” 

The new research, which will be published shortly in Accounting Review, has disclosed a “sharp and lasting drop in in financial wrongdoing at companies that were subject to whistle-blower investigations.

Read more at http://buff.ly/2ijf7lL

#businessethics #ethics #leadership #whistleblowers #Tippie #JasonWilde #AccountingReview #bankwhistleblowersunited

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It appears that Mr. Trump is surrounding himself with Wall Street, with now three Goldman Sachs appointees.

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The jury is out and the predictions from economists are varied. The elections were supposed to reduce the concerns and uncertainty prevalent in our country; they have not. While there is now hope, uncertainty about our economy is stronger than ever. A Trump presidency fundamentally challenges the future of globalization and status quo capitalism.
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