An outside review released on Tuesday found the agency needed to adopt sweeping changes to fix workplace culture and address harassment, racial discrimination and other longstanding problems, citing accounts from more than 500 people, mostly current staff. Republican lawmakers since November have angrily called for FDIC Chair Martin Gruenberg to resign in the wake of the Wall Street Journal expose which prompted the investigation, conducted by the law firm Cleary Gottlieb Steen & Hamilton.
The California “Party Mom” accused of hosting mansion parties for high-schoolers, supplying them with alcohol and allegedly watching lewd underage sex acts unfold, appeared in court Monday....