Barclays Whistleblower

Whistle blowing does take courage. There is the risk of being bullied or harassed as a result, but anyone who whistle blows has the right to protection from the person they have raised concerns about. If you suffer as a result of a whistle blowing incident the UK Public Interest Disclosure Act 1998 offers legal protection.

The last stakeholder of this scandal are the stockholders who have suffered financial lost in having to pay out millions in the lawsuits filed against Wells Fargo. The stockholders have also lost confidence in the leadership on the organization affecting how and if they will continue to invest and whether they will demand for a leadership change among the board of directors. This scandal not only affect how these investors will spend their money but other investors as well. Scandals of this magnitude as a negative domino effect on how investors and how they will spend their many within the

A whistleblower is a person who raises a concern about a wrongdoing in their workplace or within the NHS or social care setting. If a person wishes to raise their concerns they should obtain a

The various forms of retribution that whistle-blowers endure at the hands of employers both financially and psychologically for attempting to correct mismanagement, fraud, and dishonesty are often too much for the whistle-blower to bear. Careers are in jeopardy because individuals with strong ethics decide to pursue law suits against their employers. One example is where the US Forest Service employees found their careers ruined by either demotions or loss of jobs when caught speaking out in favor of the environment or sound science, or when

1. Describe the key characteristics of a whistleblower, and briefly summarize one (1) researched instance of whistleblowing in one (1) publicly traded company within the last 12 months. Include the details of the issue that the whistleblower reported and the effect of the whistleblower’s actions on both the whistleblower himself and the company.

Hayley, I absolutely agree with you. Each individual must make his or her own decision as to whether the disturbing unethical offense is worth the personal cost (Reece 2014, pg 111). When I was personal faced with trying to decide to whistle blow or keep quiet and do nothing at all; I had to tell. I tried to just keep my head down and be silent but, the silence was literally making me sick. I couldn’t eat, I couldn’t sleep, and what I knew was constantly on my mind, I felt like I couldn’t function properly. The reason I was unable to function was because not being honest was not in my charter. I made the decision to be the whistleblower, and yes I did receive some back lash but for me that was better than the silence. Every individual is different,

Whistle blowing in organizations can be an outstanding source of needed information to the organization. On the other side, that same information that is delivered can have a negative effect on the employee that has decided to take matters in to their own hands and inform management of potential unethical behavior. An article called “Nonprofit whistle-blower employee nets $1.6 million retaliation award” written by Tricia Gorman is in reference to an employee whistle-blower that her place of employment violated the New Jersey Conscientious Employee Protection Act, which is part of the organizations policy for hostile work environment.

As shown above, internet privacy and security is an expanding crisis in the United States. While this issue is prominent, stating the problem is pointless without suggesting solutions.

Several theories indicate why the whistle-blowing process has become more prevalent and characteristics or processes encourage individuals to come forward a report instances of wrongdoing or making organizational behaviors public knowledge (Lennane, 2012). The process of whistle-blowing often involves an individual being conflicted between loyalty to their organization or their belief that they have a responsibility to protect public interest above the practices of their organization (Soma & Nirmala, 2011). Individuals may attempt to initiate

Whistleblowing is the act that employees commit when they cry foul on their own organization for misdoings, corruption and illegality. I shall argue that whistleblowing in the workplace is “sometimes permissible” in order to keep businesses and corporations in check. I shall do so by presenting the best argument for whistleblowing to be “sometimes permissible” and not “always permissible”.

Well, according to Miceli, Nearand and Dworkin (2008), whistleblowing is an act of revealing wrongdoings in an organization by the former or current employees of the very organization. As such, a whistleblower is an individual who reveals wrongdoings within an organization to the public or the senior management. The key characteristics of a whistleblower include, but are not limited to, dissent, accusation, breach of loyalty, altruism, sportsmanship courtesy, conscientiousness and civic culture (Miceli, Near & Dworkin, 2008).

Well-known companies such as the Commonwealth Bank, National Australia Bank and 7-Eleven have broken the law and mistreated their employees and customers. The value of the brave whistle-blowers is irreplaceable in these circumstances and their contribution is the only thing that prevented these companies from continuing to mistreat others.

The Dodd-Frank Act has allowed for more leniency when it comes to whistleblowing but this legislation was implemented after this story began. There are several industry protection programs for whistleblowers and the Security and Exchange Commission (SEC) even promotes whistleblowing by giving out monetary rewards for certain cases. The Sarbanes-Oxley Act (SOX) was supposed to make whistleblowers believe that they would not be retaliated against. However, making the determination of whistleblowing after hearing Tony Menendez’s story will make the weak squeamish and the strong possibly reconsider.

Some examples may be a person who values honesty, being ordered to falsify financial earnings to keep stock prices high. Or perhaps someone who values responsibility, having information that their company is knowingly producing products that could harm their customers. Additionally, under the provisions set forth by the Dodd-Frank Wall Street Reform and Consumer Protection Act, “Subtitle B gives the SEC further powers of enforcement. This includes a "whistleblower bounty program. The SEC program rewards individuals who provide information that leads to an SEC enforcement action in which more than $1 million in sanctions is ordered.[61] Whistleblower rewards range from 10 to 30% of the recovery. The law also provides job protection for SEC whistleblowers and promises confidentiality for them.” (Wikipedia LLC). Thus, with some form of protection now written into law, the chance for a whistleblower to reveal information has increased under the protection of

The article is about a former internal auditor, Matt Erhart, who thought that there might have been some shady things happening behind the scenes at Bank of Internet. Bank of Internet provides loans and mortgages to well-off persons who do not have