Whistleblowing
Locate an example of whistle-blowing in an organization and what the outcome was for the employee who blew the whistle.
The article that I choose to write this paper on is about a man by the name of Kyle Lagow and another gentleman who formerly worked for Bank of America. They both filed suits against the company for mortgage fraud, and both lost their jobs. Nonetheless they both have received large settlements.
Do you think the outcome was justified? The outcome was justified considering the circumstances. After revealing this information I would assume that both men knew that they would no longer have a place in the company or even want to work for the company. While both men have lost their jobs they also have both have received settlements; one of the settlements was for 14.5 million dollars the other had not been disclosed.
What would you have done in that situation – blown the whistle or kept quiet? Why? If placed in the same situation that they were in and with the knowledge of wrong doing that knew I most definatly would have blown the whistle. I am sure that there would be many sleepless nights prior to the blowing of the whistle however I know that I could not let something like this go on and not do anything about it.
Do you think that whistle blowing laws really protect people? Why or why not? In this case I feel that the whistle blowing laws protected the men; “The complaints were brought under a whistleblower provision in the U.S. False Claims Act, which allows private individuals with knowledge of wrongdoing to bring suits on behalf of the government and share in the proceeds of any settlement.” I feel as though this protected them because they received large settlements in return for blowing the whistle.