"Banking Regulator's 'Party Culture' Exposed: Sexual Harassment Complaints and Strip Club Invites"
The Federal Deposit Insurance Corporation (FDIC) is facing backlash after a report by The Wall Street Journal exposed a "party culture" within the agency, including incidents of sexual harassment, strip club invitations, and lewd photos. The report revealed instances of supervisors engaging in inappropriate behavior, such as having sex with employees and sharing explicit images. The FDIC's heavy drinking culture was also highlighted, with an 11-story hotel serving as a party hub. The agency has faced criticism for its handling of failed financial institutions. Former employees have spoken out about the toxic atmosphere and lack of advancement opportunities. The FDIC has not yet responded to the allegations.