Lewd Photos, Booze and Bullying: Inside the FDIC’s Toxic Culture
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 29 November 2023
⏱️ 23 minutes
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| 0:00.0 | Lauren Lemer graduated from college in 2010. She was looking for a job and wanted to work in the banking industry. |
| 0:12.0 | So the economy wasn't great, but I was lucky enough that I had a few different job opportunities. |
| 0:18.0 | I ultimately thought, you know, I'll probably learn a lot quickly at the FDIC given the type of exposure I'll have to a myriad of banks, |
| 0:29.4 | you know, banks were still failing. So that was the thing that I thought was most interesting was, you know, that sort of breath of experience that the FDIC offered. |
| 0:40.0 | The FDIC is the Federal Deposit Insurance Corporation. |
| 0:44.2 | It's a government agency that monitors banks. |
| 0:47.4 | Lauren was excited when she landed a job as a bank examiner in training at a field office |
| 0:52.1 | in California. |
| 0:54.0 | The job meant Lauren would be traveling a lot. |
| 0:57.4 | She soon learned that those work trips could often involve hard partying. And sometimes, Lauren says, the vibe from some male colleagues was off. |
| 1:07.3 | It was very easy to extrapolate it to excuse things that were just frankly unprofessional as as nothing more than you know |
| 1:19.5 | maybe somebody hitting on you and you rejected them. And you didn't want to say anything because you would be labeled as sensitive or hey you got to toughen up. |
| 1:32.0 | So it was very much like you either fit in or you don't and |
| 1:36.4 | and so much of that was around like the thickness of your skin. |
| 1:39.7 | Lauren would get comments about her looks, speculation about her sex life. |
| 1:46.0 | Once, she was invited to a strip club by other bank examiners. |
| 1:50.0 | Another time, she got an unsolicited naked photo from a colleague. |
| 1:54.0 | And on one work trip to Dallas after drinks at a bar, |
| 1:58.0 | a male coworker followed her. |
| 2:00.0 | You know, once we got into the hotel, he got off on the same floor as me and then just |
| 2:07.4 | kept following me as if there was some unsaid thing. |
| 2:15.7 | You just think like, oh my God, |
... |
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