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31 May, 2023 06:12

Citicorp and the fall of the housing market


This week on The Whistleblowers, John Kiriakou speaks to Citigroup whistleblower Richard Bowen, who tried repeatedly to warn the bank that bad prime and subprime mortgage loans could sink the company as the economy began to slow. He was ignored and punished for his revelations, even though he did it in exactly the way that he was taught to do.