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The (POGO) Blog

October 22, 2013

By Avery Kleinman

JPMorgan Close to Record $13 Billion Settlement



Financial Oversight JP Morgan Chase is close to settling a $13 billion deal with the government over the company’s mortgage practices leading up to the financial crisis. The proposed settlement would be the largest amount of damages ever paid by a financial firm.

Continue Reading JPMorgan Close to Record $13 Billion Settlement

Topics: Financial Sector

October 17, 2013

By Avery Kleinman

Wall Street Erases Its Own Mistakes



Financial Oversight An online database serves as a repository of Wall Street brokers’ bad behaviors, allowing the public to check for any red flags before investing, but a new report found that in the vast majority of cases, brokers who asked to have bad marks removed from th

Continue Reading Wall Street Erases Its Own Mistakes

Topics: Financial Sector

October 15, 2013

By Avery Kleinman

NY Fed Examiner Files Wrongful Termination Lawsuit



Financial Oversight A senior examiner has filed a wrongful termination lawsuit against the Federal Reserve Bank of New York, claiming she was let go after refusing to keep quiet about serious conflicts of interest at Goldman Sachs.

Continue Reading NY Fed Examiner Files Wrongful Termination Lawsuit

Topics: Financial Sector

October 8, 2013

By Jamie Neikrie

SEC Issues $14 Million Whistleblower Reward



whistleblowers2 An unidentified tipster has received a $14 million federal reward for aiding an “enforcement action that recovered substantial investor funds,” according to a Securities and Exchange Commission (SEC) announcement last week.

Continue Reading SEC Issues $14 Million Whistleblower Reward

Topics: Whistleblower Protections, Financial Sector

September 26, 2013

By Jamie Neikrie

SEC Recusals Highlight Revolving Door Dangers



Revolving Door Prior work of SEC Commissioners creates conflicts of interest in settlement deals, confirming concerns about the revolving door system.

Continue Reading SEC Recusals Highlight Revolving Door Dangers

Topics: Financial Sector

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Podcast: Exploring Transparency for Oil and Gas Extraction

Mia Steinle talks about POGO's involvement in the Extractive Industries Transparency Initiative (EITI) and the hurdles to increased transparency for oil, gas and hard rock minerals here in the U.S.