As Wells Fargo digs out from its fake account scandal – an issue that was ignored despite numerous internal bank and SEC whistleblower complaints – whistleblowers in a different instance highlight how a pattern of behavior occurred. For Mark Schorr, an attorney at Crow and Cushing who monitors whistleblower cases, the story of former bank executives Robert Kraus and Paul Bishop is a cautionary tale that provides hope — showing how progress is being made against unaccountable corporate wrongdoing. With the black cloud of retaliation from their whistleblowing actions now being lifted, Kraus and Bishop are seeing their actions benefiting…
A Wells Fargo Subprime Mortgage Fraud Story With A Happy Ending Approaching For Whistleblowers
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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