Whistleblowers Wanted: More Cash for Better Information

The video discusses the Department of Justice's (DOJ) efforts to incentivize whistleblowers in financial fraud cases, highlighting the roles of whistleblowers and cooperators. It addresses criticisms of the DOJ's resource limitations and political challenges. The discussion also covers corporate compliance, risk management, and the potential impact of increased whistleblower incentives. Legal and political considerations in financial regulation are explored, emphasizing the need for effective internal controls and empowering risk management.

Why is it important to have insiders testify in financial fraud cases?

In what ways have companies improved their internal compliance since the Great Recession?

What is the role of risk management in preventing financial fraud?