Their Retirement Plan Is Being a Wall Street Whistleblower
Dec 22 - Value Walk
Being a whistleblower can be a lucrative retirement plan. Especially if you work in sensitive roles at selective financial services companies.
In one 2008 mortgage-related Bank of America court case, in which prosecutors commanded a $16.65 billion fine in exchange for not pressing criminal charges, payments to internal whistleblowers are approaching $170 million, a New York Times Dealbook article by Matthew Goldstein notes.
Whistleblowers collecting just over 16% of the total...
In one 2008 mortgage-related Bank of America court case, in which prosecutors commanded a $16.65 billion fine in exchange for not pressing criminal charges, payments to internal whistleblowers are approaching $170 million, a New York Times Dealbook article by Matthew Goldstein notes.
Whistleblowers collecting just over 16% of the total...