December 7, 2010
Dear Ms. Murphy
I just signed a petition saying:
"More whistleblowing about corporate crimes could have made the foreclosure crisis and economic meltdown less severe. Whistleblowers should never be forced or engouraged to take their concerns to their potentially corrupt bosses first: Those who go directly to the government deserve the strongest rewards and protections allowed by law."
Big banks need to come in line with the rest of the American business world. They currently take advantage by operating within rules that stretch the laws of integrity and prudence. If people cannot report illegalities without reprisal, then we are reverting back to the wild west of the 1800's. If the government is not there to help the citizens level the playing field, then what exactly is the governments function? Remember Bernie Madoff and how regulation kept him in check. Do the right thing by not swaying to the whims of the Big Banks by providing more protection of their deceptive practices.