Daily Archives: January 30, 2016


Announcing the Bank Whistleblowers United Initial Initiatives

New Economic Perspectives has several articles on this topic, the first is Announcing the Bank Whistleblowers United Initial Initiatives. The second one, An Explanation of the Bank Whistleblowers United 60-Day Plan, is included at the end of the first one. There are two other documents in the set.

Here is what William K. Black wrote in the introduction of the first document.

I am writing to announce the formation of a new pro bono group and a policy initiative that we hope many of our readers will support and help publicize. Gary Aguirre, Bill Black, Richard Bowen, and Michael Winston are the founding members of the Bank Whistleblowers United. We are all from the general field of finance and we are all whistleblowers who are unemployable in finance and financial regulation because we spoke truth to power and committed the one unforgivable sin in finance and in Washington, D.C. – being repeatedly proved correct when the powerful are repeatedly proved wrong.

This may be a good litmus test for Presidential hopefuls. If I were a betting person, I would bet that Sanders would back most of these proposals, and Hillary would claim her experts tell her not to. (Those experts being from the banking business.)