FDIC Culture “Toxic” Says Study
Posted on 05/08/2024
The Report for the Special Review Committee of the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) found “long-standing and deeply ingrained” problems at the FDIC, the government agent that insures U.S. bank accounts and supervises banks. Chairman Martin Gruenberg was cleared of criminal wrongdoing, but the report recommends he step down to…