FDIC probe reveals toxic workplace culture and questions chairman’s credibility

May 8 2024 by Fast Company

The report released Tuesday by law firm Cleary Gottlieb Steen & Hamilton outlines incidents of stalking, harassment, homophobia and other violations of employment regulations.

An independent review of the Federal Deposit Insurance Corp. ‘s workplace culture describes an environment that fostered “hostile, abusive, unprofessional, or inappropriate conduct,” and questions whether the agency’s chairman is credible to lead the agency through a cultural transformation.

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