• by Edward Kang and Michael Chiumento, Clerk In a startling settlement that has businesses nationwide scratching their heads and trembling in fear, the SEC’s recent $14 million award to a whistleblowing employee has been found to have been given to someone who did not first report to the company’s own human resources department with the problem.  While whistleblower protection statues do not require that employees first go through human resources with potential issues, it has […]

     
  • by Edward Kang and Michael Chiumento, Clerk This past September marked the third year of the Government Accountability Project’s “American Whistleblower Tour: Essential Voices for Accountability,” a traveling tour aimed at college students about to enter the business world with regards to whistleblowing.  The traveling educational panel consists of Jack Spadaro, a whistleblower in the mining industry who went public with information about Massey Energy after a spill in 2000, and Wilma Subra, who blew […]

     
  • The goals of two pieces of legislation passed within the past decade that included new whistleblower protection standards seem to be accomplishing their goals in sending a message to companies nationwide.  No longer does it seem that insiders feel threatened to make the ethical decision to disclose potentially illegal activity to the federal government or appropriate institutions.  Recent settlements have also indicated that doing moral good can also lead to quite a good financial ending […]

     
  • Graduates of Emory’s School of Theology in May 2011. (David Goldman/AP) Thousands of student loan borrowers wrote occasionally heartbreaking complaints about dealing with their debt burden to the federal Consumer Financial Protection Bureau, which is soliciting comments from people who have taken out private student loans to finance their education. “My own children will not be able to get the help they need to go to college because I will STILL be shackled to my […]

     
  • How badly are for-profit schools serving young people? Corinthian Colleges embodies the industry’s worst trends BY ANDREW LEONARD TOPICS: EDITOR’S PICKS, EDUCATION, STUDENT LOAN DEBT In the fall of 2010, three former students at Everest College, a for‐profit career school in Salt Lake City, sued their school’s parent company, Corinthian Colleges, alleging that admissions officers had misrepresented both the costs of the school and whether class credits earned at Everest could be transferred to other […]

     
  • Whistleblower cases often reveal something much bigger than a single complaint: now, a transnational banking procedure may reveal something of the wave of deceptive trade practices, almost too big to catch. Cardinal Health, INC., has been assessed penalties and fees, as well as ordered to pay taxes on “inappropriate deductions” reported to the IRS of $179.8 million. But the total claimed due by the IRS has swollen to a clock stopping $598.1 million. The can […]

     
 
 
 
 
 
 
 

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