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Professor Edmondson is the Novartis Professor of Leadership and Management at Harvard Business School, a chair established to support study of human interactions that lead to the creation of successful enterprises and the betterment of society. She studies leadership, psychological safety, and organizational learning.

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Gary Cohn

Gary Cohn

As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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Klaas Knot

Klaas Knot is President of De Nederlandsche Bank and is the Chair of the Financial Stability Board. He is also a member of the Governing Council and the General Council of the European Central Bank, member of the European Systemic Risk Board, member of the International Monetary Fund's Board of Governors and a member of the Board of Directors of the Bank for International Settlements.

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Axel Weber

Axel Weber is the past-Chair of UBS and the past-President of the German Bundesbank and a member of the European Central Bank Governing Council from 2004 to 2011. He is a member of the Group of 30.

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The Impact of the FDIC Scandal

The Impact of the FDIC Scandal

by Starling Insights

Starling Insights Editorial Board

Nov 20, 2023

Observations

Trust US FDIC Regulatory Trends The Era of Accountability USA

Last week, a bombshell Wall Street Journal article portrayed a culture of partying and harassment at the US Federal Deposit Insurance Corporation (FDIC). Further reports alleging that Chairman Martin Gruenberg ignored such behavior and contributed to the "toxic atmosphere" by bullying subordinates have put the FDIC's mission at risk.

During Congressional Hearings following the initial report by journalist Rebecca Ballhaus, Gruenberg assured that the agency does not tolerate harassment or discrimination. However, Gruenberg has himself faced criticism for allegedly having an "explosive temper" and developing a reputation for bullying employees.

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