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Protecting Whistleblowers since 1977

The Whistleblogger

More on the AIG Compliance Office

, May 11, 2010

Suzanne Folsom, former World Bank Golden Parachuter who has now departed AIG with a second parachute worth $1 million in severance, has been replaced by Karen Nelson. Nelson was Folsom's hatchet-man at AIG from 2008-2009 and is now the interim acting Chief Compliance Officer reporting to the CEO.

Holder Suggests Miranda Exception for American Citizen Terrorism Suspects

Jesselyn Radack, May 10, 2010

This post also appears on GAP Homeland Security Director Jesselyn Radack's Daily Kos blog.

More on James Cole: What Was He Doing at AIG?

, May 07, 2010

GAP has obtained the reports of the Independent Consultant (IC) stationed at AIG as a result of a deferred prosecution agreement (DPA) between the corporation, the SEC, the Department of Justice, and the NY State Department of Insurance in 2006. James Cole, the IC (from Bryan Cave, LLP), and current would-be nominee for D

Climate Scientists Begin to Fight Back

, May 07, 2010

It looks like scientists are pushing back against global warming denialists who have hijacked the debate over climate change.

AIG’s Compliance Office in 2008 – What was going on?: More info on James Cole, Kathleen Chagnon, Suzanne Folsom and Anastasia Kelly

, May 03, 2010

We’re still trying to sort out what happened at AIG in the prelude to, and the aftermath of the federal bailout in 2008. Sources report to us that in the run up to the meltdown, Kathleen Chagnon, then-AIG Deputy General Counsel and Chief Compliance Officer, was in charge.

Disturbing BP Oil Spill Details Just Keep on Coming

, May 03, 2010

Even though we thought it was impossible to top the barrage of troubling news that emerged last week about the oil spill (still going on!) that followed the explosion, fire and sinking of the oil platform Deepwater Horizon, even more disturbing information has come out since our last blog on the topic.

Overseer Says AIG Can't Insure Regulatory Compliance

, April 28, 2010

Soon after she left her position as General Counsel at AIG in order to avoid the annual pay caps of $500,000 for federally bailed-out banks and companies, Anastasia Kelly sat down with Fortune Magazine and announced,

AIG Monitor James Cole Wrong Choice for Deputy Attorney General

Bea Edwards, April 23, 2010

So it’s news that James Cole, fresh from his role preventing fraud at mega-insurance firm AIG in the years before it tanked, is to be nominated for the position of Deputy Attorney General – the number two job at the Department of Justice. When this rumor hit the newswires, our whistleblower switchboard began lighting up like a Christmas tree with calls from alarmed AIG alumni.

Are the World Bank’s Anti-Corruption Efforts Corrupted?*

, April 22, 2010

In 2009, the World Bank’s Independent Evaluation Group (IEG) released an unprecedented 700-page evaluation which found evidence that the institution is failing to adequately address the risks of fraud and corruption in its assistance programs. While its findings apply to the International Development Association (IDA) – the arm of the Bank which provides assistance to low-income countries -- the entire Bank relies on the same regulatory controls.

World Bank Ignores Corrupt Anti-Corruption Work

, April 15, 2010

On Monday, April 9, GAP sent a letter to Anne-Marie Leroy, Senior Vice President and General Counsel at the World Bank, concerning the corruption of the review of the Bank’s investigative practices by an external panel chaired by Paul Volcker in 2007. World Bank Administrative Tribunal (AT) rulings published five months ago expose the way in which Suzanne Folsom, former Director of the Department of Institutional Integrity (INT), the investigative unit, infiltrated the Volcker panel.