Sexual harassment, bullying and discrimination have long pervaded the Federal Deposit Insurance Corporation, with perpetrators often receiving reassignments and even promotions, according to a blistering report on the agency’s culture that calls into question the leadership of chairman Martin Gruenberg.
The report, crafted by law firm Cleary Gottlieb Steen & Hamilton and released 7 May, was commissioned by the FDIC after a Wall Street Journal investigation in November revealed a toxic workplace culture at the agency.
