Dissenter Weekly: Crooked ICE Union Deal Exposed By Whistleblower
In this edition of “Dissenter Weekly,” host and Shadowproof editor Kevin Gosztola covers a couple whistleblower stories that are emblematic of the mess that must be cleaned up after President Donald Trump’s administration.
JPMorgan Pays $264 Million Fine For Bribing Chinese Officials
The latest payment of $264 million comes after JPMorgan hired the relatives of Chinese government officials to win business in China.
SEC Facing Criticism For Proposed Rules That Reduce Transparency
The SEC’s proposal would make it harder to bring charges of securities fraud by giving Wall Street companies more room to withhold vital information.
No Disclosure Of Foreign Participants In Corruption Probe Of BNY Mellon
Last August, the SEC reached an agreement with BNY Mellon wherein the bank paid $14.8 million to settle charges that the company violated the Foreign Corrupt Practices Act (FCPA) by hiring unqualified interns in exchange for continued access to an unnamed “Middle Eastern Sovereign Wealth Fund.” Not only was the sovereign wealth fund involved in the corruption not named, neither where the two officials who asked for jobs for their relatives.
SEC Commissioner’s Husband Caught Marketing Influence
The law firm that employs John W. White, husband of Mary Jo White, Chairperson of the Securities and Exchange Commission (SEC), has changed its marketing material after being scrutinized for the way the firm advertised its connections to regulators. The firm, Cravath, Swaine & Moore, was trumpeting John White’s work for an advisory group to the influential Public Company Accounting Oversight Board (PCAOB) just as Mary Jo White, in her capacity as SEC chair, is considering candidates to lead the PCAOB.
BNY Mellon Bank Settles Corruption Charges Over Hiring Foreign Officials’ Relatives
On August 18, the SEC announced that the Bank of New York Mellon Corporation (BNY Mellon) agreed to pay $14.8 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA), when the bank gave out highly sought-after student internships to the relatives of foreign government officials in