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Wall St. Whistle-Blowers, Often Scorned, Get New Support
Becoming a whistle-blower by reporting wrongdoing on Wall Street or in a federal agency that regulates Wall Street takes lots of guts. And a strong argument can be made that whistle-blowers should be celebrated and rewarded for their courage. Incredibly, though, all too often the opposite occurs, and Wall Street whistle-blowers are shunned, ostracized and ignored. Often, they are fired from their jobs and blackballed from the industry. The wrongdoing they witnessed and reported gets covered up. This is a typical outcome, despite the promises from such prominent Wall Street regulators as Preet Bharara, the United ... (full story)