Deutsche Bank headquarters in Frankfurt, GermanyFinancial Times: Whistleblower Awaits Ruling on Deutsche Case
Summary: The Financial Times has published another series of articles about the massive securities violations at Deutsche Bank exposed by bank whistleblowers, including GAP client and former risk analyst Eric Ben-Artzi. Ben-Artzi was eventually fired for his concerns and filed a whistleblower complaint at the SEC.
Another article details how German financial regulators were made aware of the securities violations now under investigation by the SEC, which “potentially sets up a transatlantic regulatory conflict with US investigators.”
Finally, the Financial Times posted an editorial stressing the importance of all these allegations against Deutsche Bank and the effect it is having, and could have, on the financial industry.
Related Articles: Business Week, Global Legal Post, Corporate Counsel, Bloomberg
Summary: NSA whistleblower and GAP client Bill Binney is interviewed by Blaze TV about the rise of surveillance that is violating citizens’ privacy rights. The video of the interview can be seen at the very end of the article, in the middle of the webpage.
Atlanta Black Star: Report Details Shocking Racism at the World Bank
Summary: More coverage of the pervasive racism within the World Bank. People of African descent have virtually no representation in the institution. The problem was pointed out as long ago as 1978, but has shown little improvement in recent years. Articles covering this topic has referenced a 2009 GAP Report, Racial Discrimination at the World Bank, which found that "in 2008, only four black Americans held professional positions among a headquarters staff of over 3,500 professionals (more than 1,000 of whom are US nationals)."
Key Quote: Many studies over the years have documented the endemic racism inside the World Bank. A 2008 report by the U.S. Government Accountability Project (GAP) found that “only four black Americans held professional positions out of more than 1,000 U.S. nationals. This figure represents a significant proportional decline even from the abysmal levels reported thirty years ago.”
Related Articles: All Africa, Bretton Woods Project
Food Poisoning Bulletin: GAP Sues FDA for Withholding Animal Drug Data
Summary: More coverage of GAP’s lawsuit against the FDA for withholding information about how antibiotics are used in food animals.
