regulators
Fear of Punishment Distorts Bank Financial Reporting
When bank employees are afraid of punishment from regulators, they are likely to conceal information about their faulty decisions. This in turn distorts the...
Seven Reasons Why the Wirecard Fraud Matters
We now know that Wirecard was a massive fraud. The company—treated like a rock star by regulators and key players in finance—fabricated customers, invented...
More and More Employers Are Spying on Workers Online. Federal Regulators Are Okay With It
Employers today have numerous tools at their disposal to monitor workers’ behavior and communications. Outdated federal regulations and an administration that prioritizes employers’ interests...
Is Monetary Policy Independence Out of Date? A Mini-Course With Paul Tucker (Part 3)
The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around the...
Constitutional Limits to Independent Agencies and Central Banks: A Mini-Course With Paul Tucker (Part 2)
The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around the...
Purdue Circumvented the Regulator to Promote OxyContin, Hiding Its Real Risk of Addiction
In 2001, the Food and Drug Administration required Purdue to change OxyContin’s patient package inserts to make addiction risks more evident. The company altered...
A Tale of Hubris and Excess: How Uber Fooled Portland Regulators
In an excerpt from his new book "Super Pumped: The Battle for Uber," New York Times reporter Mike Isaac reveals the details of Uber's...
