Observations
Mar 07, 2025In a blog post published earlier this week, Michael Clements, Director of Financial Markets and Community Investment at the US Government Accountability Office (GAO), argues that regulators failed to act upon clear signs in the lead-up to the 2023 bank failures and explains what they may do to prevent similar failures going forward.
Observations
May 13, 2024Last week, the US Federal Deposit Insurance Corporation (FDIC) published the results of an independent review of its culture, which labeled the agency a "good ol' boys club" rife with favoritism and insularity. The FDIC commissioned the report late last year after a bombshell report about rampant sexual harassment and discrimination among its employees.
by Starling Insights, Wayne Byres, Michelle W. Bowman, Charles Randell
Compendium
Feb 14, 2024
