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Government Corruption
Banking regulator with ‘party culture' rife with sexual harassment complaints, strip club invites: report
2023-11-14
[FoxNews] Employees and supervisors at the Federal Deposit Insurance Corporation (FDIC) are at the center of a brewing media firestorm after The Wall Street Journal released an in-depth report on the agency's "party culture."

"A male Federal Deposit Insurance Corp. supervisor in the Socialist paradise of San Francisco
...where God struck dead Anton LaVey, home of the Sydney Ducks, ruled by Vigilance Committee from 1859 through 1867, reliably and volubly Democrat since 1964...
invited employees to a strip club," The Wall Street Journal revealed in a recent story headlined, "Strip Clubs, Lewd Photos and a Boozy Hotel: The Toxic Atmosphere at Bank Regulator FDIC."

"A supervisor in Denver had sex with his employee, told other employees about it and pressed her to drink whiskey during work," the report continued. "Senior bank examiners texted female employees photos of their penises. The agency tolerated a heavy drinking culture."

Key to the FDIC’s wild drinking culture was an "11-story hotel outside Washington, where out-of-town employees stay when attending training," per the Journal. The hotel "was a party hub, where people have vomited in the elevator and urinated off the roof after nights of heavy drinking."

The report continued: "The FDIC spent more than $100 million in the 1980s to build a training complex in Arlington, Va., that included a hotel for agency staff with more than 350 rooms, an outdoor pool and a rooftop patio. The FDIC said the hotel and training complex save the agency money."

The heavy drinking culture of the FDIC was featured on social media, including in an Instagram account that posted in 2021: "If you haven’t puked off the roof, were you ever really a FIS?" according to the report.
Related:
Federal Deposit Insurance Corporation: 2023-05-02 JPMorgan takes control of First Republic's $92 BILLION deposits but not company's $100B corporate debt or preferred stock after buying bank
Federal Deposit Insurance Corporation: 2023-03-23 Already lower than whale shi* - Americans' trust in banking industry sharply declines: poll
Federal Deposit Insurance Corporation: 2023-03-18 Janet Yellen's Policy Would Destroy Small US Banks While Bailing Out Chinese Depositors, Experts Say
Posted by:Skidmark

#5  "I'd like to make a personal deposit?"
Posted by: Frank G   2023-11-14 12:24  

#4  They could have sold that aspect of finance a little better when I was picking careers. Banking sounded a lot more boring than it may really be.
Posted by: Super Hose   2023-11-14 12:03  

#3  Internal documents show the World Health Organization paid sexual abuse victims in Congo $250 each
Posted by: M. Murcek   2023-11-14 07:18  

#2  "The law is an ass likes a piece of ass from time to time..."
Posted by: M. Murcek   2023-11-14 06:34  

#1  "Laws are for peasants."?
Posted by: Grom the Reflective   2023-11-14 02:57  

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