FDIC Chair Apologizes to Staff for Rampant Toxic Workplace Behavior
Tuesday, 7 May 2024, 18:08
FDIC Chair Apologizes for Workplace Misconduct
Key Points:
- FDIC Chair Martin Gruenberg apologizes for toxic workplace culture after investigation.
- Report confirms sexual misconduct, lewd behavior, and bureaucratic retaliation.
- Calls for significant changes at the agency and possible resignation of Gruenberg.
Following a legal investigation revealing a toxic environment at the FDIC, Chair Martin Gruenberg issued an apology to staff for the rampant workplace misconduct. The report uncovered cases of sexual harassment, lewd behavior, and administrative retaliation, prompting calls for change and accountability.
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