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OPINION: Damning report on FDIC’s culture of discrimination must be a turning point

Image of FDIC chairman Martin Gruenberg.
FDIC boss Martin Gruenberg. Photo: Win McNamee/Getty Images

Law firm investigation’s unearthing of widespread sexual harassment, bullying and discrimination demands decisive action.

A review of the Federal Deposit Insurance Corporation (FDIC) conducted by a US law firm found a toxic workplace where hundreds of employees complained of sexual harassment, discrimination and other misconduct which went largely ignored by the agency’s management.

The investigation was commissioned after the WSJ published a scathing