whistle-blowers are often difficult people. when i would meet them, they feel persecuted, hated, ignored by their own organization there is a certain therapy elements to dealing with them. i am sure that state can talk about that. he has to deal with them day after day for years. they're often not used to feeling like outcasts in their own organizations and the pressure on them can be a really intense. some of the start to imagine conspiracies and threats. it leads to a difficult situation up front. in addition, many of these folks often are perfectionist by nature some of them obsessively follow the rules. they're just so disappointed when people around them did not treat the rules in the same fashion. is the job of the reporter to determine how big of a deal their grievances are. in some cases, they might be petty. they may be right, but it may not be that consequential. that is part of the process. you have to deal with the issue of possible skeletons in the closet. you can anticipates that an organization is going to push b

at our website which is whistle-blowers did work. thank you very much. [applause] >> of the $787 billion economic stimulus package signed into law last year, $355 billion has been committed. that's up $2 billion from the previous week. a little over $200 billion had been paid out for those projects. you can learn more online at c-span.org/stimulus. you'll find news briefings, hearings and debate as well as links to government and watch-dog groups tracking the spending. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> this year's c-span studentcam competition asks students to create a five to eight-minute video dealing with one of our country's greatest strengths or challenges the country is facing. here's one of the third-place winners. >> there's a lot of misunderstanding about what true free markets, how they work, how they don't work what rules are needed and what rules are necessary. we have a system but people don't understand how the system works. a disaster cam

at our website which is whistle-blowers did work. thank you very much. [applause] and could we have a second round of applause for our incredible panelists. [applause] [applause] >> thank you john, katherine, and andrew for that very warm welcome. my good friend, ambassador, good to see you here i hope you correct me if i go straight. i am delighted to be with so many friends here and as you all know so well, i come from a coulter spent 10 with the speeches, and love with the oral method of communication in. so much so after delivering a long speech, i would sit next to my wife and like all men who are vain and insecure i've looked at my wife. [laughter] feeling confident i would say to her, what did you think? she would give me a look that only a wife can give and would say to me, you missed three opportunities to sit down. [laughter] i say this because yesterday i was sitting with my colleagues in the embassy and i was monitoring what i would say today. i came to the conclusion that really there is nothing to say beyond that which

that trait is exactly what makes them whistle-blowers. not willing to go along -- get along to go along. the other thing i have learned about whistle-blowers is that almost always they're motivated by altruism. they want to act in a way that they see as in the public good or in the interest of national security or to honor some higher principle. almost always, that has been the personality traits that i have encountered. one of the best examples is dick clark. he was a counter-terrorism adviser. he was the guy who was telling everybody that osama bin laden and al qaeda was targeting the u.s. and meanwhile, the bush at the station was not taking it seriously. -- the bush administration was not taking it seriously. we were talking about it as it was all unfolding and it was all off the record and i could not report it. but there came a time when he wanted to go public. the dilemma for him was when you work for the president of the united states, york -- your loyalty is to the president. you are there to represent his interests. that is some

comes ford initially to get on first base what are you looking at in a whistle-blower that says thismight be something worthy of a full investigation for a few starts investigation and what are the guidepost you are looking at? i don't know the answer. >> it is the thumb rule of let you look at when you whistle-blower has some of the negatives that jim mentioned and may have a lawsuit or issues with their employer. what do look at it with the initial venting process to determine if this is a real case? >> i think it comes down to what you can consider to be newsworthy. whistle-blowers coming to you with a story that is germane and the news you will be more interested. i look for people with high-level access and, not someone on the lower rungs. i would love to have any kind of documentation. if they come to you with instant corroboration that helps immensely. you may want to look someone in the night and assess how credible they are then go through the whole process of trying to weed out people who are not credible. >> i don't want to give away "60 minutes" secrets but i was impresse

many whistle-blowers do not really get to frame the debate. respects. a lot of whistleblowers don't really get to frame the debate. the media frame set before them. a prime example that i had was after 9/11, we had information that was well-known that the nuclear power facilities are at risk for airstrikes and the federal government was covering up the fact. and we have bleached to us the information that dennis or did that. so something could have been to address the issue. and when we couldn't get anyone to take it seriously and the government and admit that they're lying to the federal -- or at least tell us something that made us feel that the country was did. we went to the media and the media ended up running the story about how this document was found in the public records at the nrc identified that it was -- to the new power plants were safe and that al qaeda could have gotten this. but the point of going to the media was to correct the problem. and after which ones you had what it enters the closing down and shutting off any information that sh

in light of that, i invite all whistle-blowers. [laughter] thank you. >> in closing, this is a message to the attorneys who will be representing whistle blowers and whistleblowers themselves, you have heard someone from the journalists today about what they are looking for what they are weary of in terms of you trying to get a message out that can affect change and not lose an opportunity to make positive change because of difficulties in communication. . . ake positive change because of difficulties of communication i think one important thing for a journalist and lawyers to be very aware of as somebody who has worked with them over to 85 years say whistle-blower is usually to people the person and they were before they blew the were before they blew the whistle which is often and courageous, honest, courageo us superb employee that works the way up and is loyal. just you want on your team than the person you will see on a park bench or climbing delayed at night frustrating, depressed, upset because what they had believed and and

so it's clear, but had that whistle blower shown up to the washington post day one, there probably wouldn't have even been a story because he wouldn't have had a track record to back it up. so a good law is going to the press, but the reality of the law is it's risky. the private sector, unfortunately, you can't say with a certain anymore whether it's protected or not, although a good law says it is. in the government sector, it should be, but reality is very different. i also want to state that no whistle blower laws currently protect the disclosure of secret or classified information to an unauthorized source. so even though the first amendment says freedom of speech, that does not mean that that gives a whistle blower immunity for violating other laws that may be in effect. that could also include in the private sector rules on confidential business information, secrecy agreements, nondisclosure agreements, etc. there's a host of land mines, especially when you're going to the press. landmines, especially when you're going to the press. why? because if you blow the whistle and the letter

those principles have guided my relationships with whistle- blowers. as the art of whistleblowing becomes increasingly dangerous with fewer and fewer legal protections, having a sense of how to work with the media and the court of public opinion it is becoming more and more important. >> thank you. . . i really want to thank you, john, for that. and he did cover all of his principles, which i'm happy because i was going to ask them to cover if he had. i was checking them off one by one. and i'm going to get the last presentation and assist from an attorney's perspective who represents whistleblowers. first i like to say that, and i hope in the questions and answers more that comes out, one of the very first cases that i'd worn, and i consequence this with my brother mike kohn, we actually won it in the press, literally. literally. it was a case of a savanna river site, roger wenzel, great guy and he blew the whistle on illegal drug use and some major safety issues in the construction of atomic weapons. and he was the first national whistleblower on an

we were not aware of the whistle-blowers of the evidence failures and part of the sec.is that still a source of information do we still get that kind of -- what happens when we get something >> we do we get hundreds of tips each year and one of the problem we discovered last year was they came in from investors and other regulators other regulators, other related entities and it can all over the sec and there was no mechanism to a connect the dots that might provide useful information about a trend or a growing problem as a particular product or trading strategy or particular firm so it spends the money this committee generously gave this agency last year in technology dollars to begin to build a centralized repository for all of the tips and complaints and referrals that come into the agency. phase one is completed. the next phase is to ask the vehicle at risk analytics and we've created market intelligence and enforcement division that is charged with responsibility for knowing the the data that is in their understanding what creates the highest level of risk for inve

. >> our next artist is a glass bower -- a glass blower. we are on our way to his studio, three hours away. on the way, max and i began to talk about howar our economy has done in the past year. >> we have stimulated the economy to grow. in the first quarter of this year, we were down -6.4%. now we are 2.8% +. that is a swing of 9.2%. so we're very proud of this. >> and here we are, winterly glass blowers. there is next. he holds degrees from the university of texas in austin and the rhode island school of design. >> arts give this nation or any nation is a visual vocabulary. american visual artists, we are constantly trying to reinvent ourselves. sure, this economy means that businesses do not have the money to hire. this is a threshold time. artist who have been successful will be able to make it through the economy. but artist who tried to utilize the economy to help the economy, they will succeed in the end appeared they will come through this time and have a place in our society. >> in a recent article, on a global scale, the art marke

. >> reporter: the disturbing video was posted on the internet today by wikileaks, a whistle-blower web site. it shows graphic gun camera images of a u.s. helicopter attack in baghdad in july, 2007. >> that's a weapon. >> reporter: the aerial assault plays out over 40 minutes with an apache helicopter pilot repeatedly requesting permission to fire on a group of men he believes to be insurgents. >> this is crazyhorse 18. individuals with weapons. >> you're clear. >> firing? >> reporter: the apache and a second gunship open up with machine guns as the men on the ground try to flee. a short time later they ask again for permission to fire. >> come on, let us shoot! come on! >> clear. >> reporter: more than a dozen people were killed. it's believed two iraqis working for the reuters news service were among the death. for two years, the pentagon has refused to release the video or the findings of its internal investigation, by wikileaks says it obtained the video from whistle-blowers and published it to prove the helicopters were not under fire or acting in self-defense. now, it appears from

it frequently isn't the result of a whistle blower coming to us because the insider-trading tends to be protected from abnormal trading activity. or an acquisition that is detected by a surveillance system, prosecuted by us. the program is flawed in many ways, which is why we asked to expand the program and make it more robust. >> is the inspector general's report on the right track? >> at a good inspector general's report is on the right track. it is really the result of talking extensively with the staff on how to make the program better. >> there have been three issues with the sec that i would like to deal with today. to get your answers on the record and put an end to some of the speculation about one of the issues is the first one. there has been speculation that reported in the financial press that the sec's case against goldman is somehow motivated by the timing of the financial reform bill. is the action against goldman in any way to go we don't time our enforcement actions by the legislative calendar or by anybody else's wishes. that is exactly what happened here. >> i shar

because of political violence and the once drug trafficking there just with the palestinian glass blowers, the old ways endure. our report is from "worldfocus" special correspondent kristen gilespie. >> reporter: it's spring and that means pruning in the valley. it's the home of chateau bellevue, the award-winning winery. he they opened it in part to rebuild this christian village that was nearly destroyed by the lebanese civil war. they describe coming back to a village of about a thousand people. >> the trees had been cut. the buildings were empty and destroyed. the people had left. the valley was untended and had been left for dead. we had three pieces of land. we had a lot of goodwill. we had a love of wine. >> reporter: they spent years living in new york and london. naji says the rocky, mineral-rich soil of his family's village was always in the back of his mind. >> we think this is god's gift to humanity this land for wine making, for vine yards. this is not where she comes from. >> he means that with affection. >> yes. i mean that with affection. this is for vines and olive trees.

it has a chilling effect on the ability of other people to become whistle-blowers.any recommendations whether whistleborrowers should have additional protection so that they can speak up when behavior's are risky and make sure appropriate people know it, not just the next one up the chain but up aboard? >> i believe it is critical in corporations that whistleblowers be heard at the highest levels. so that their concerns should be responded to so that the highest officers are held responsible if they don't respond. my own experience with some of the other -- it has gotten better in corporate america. significantly better. >> the risk-management function did not have a direct line to the board. also learned not only were they moved off balance sheets and presentations made to potential investors that made things look better than they actually were

then a discussion on whistle- blowers and the media. >> this weekend, and john dean is our guest on a book tv. we will take your phone calls, e-mails, and tweets. >> c-span, our public affairs content is available on television, radio, and online. you can also connect with us on a spit, youtube, and twitter -- facebook, youtube, and twitter. >> president obama said the economy is beginning to turn the corner. employers added 152,000 jobs last month to give employment rate remained at 9.7%. he spoke at a lithium ion battery park manufacture for over an hour. >> mr. president, we are honored by your visit. on behalf of our business, i want to thank you for selecting our side to host your town hall meeting today. we are a global leader in technology. the only major supplier of the developing and manufacturing projects here in the united states and the we establish operations in charlotte with the emergence of this industry approximately 25 years ago. today the region remains an important part of our future. we are currently expanding operations here with our best and supported by the $49

. -- blower. these three hours away.e talked about how the economy has done in the past year. >> we stimulated the economy to grow. in the first quarter this year we were down -6.4% in an estimate, we are 2.8% plus, a swing of 9.2% in our gdp, so we're very proud of this. >> here we are, and there is nick. nickel holds degrees from the university of texas in austin and the rhode island school of design. >> visual arts gives this nation of visual vocabulary. american artists, we constantly try to reinvent ourselves. sure, that means the owners of offices do not have to hire me to be an artist in this time. this is a difficult time. there are going to be some who will make it through the turmoil, but artists to try to utilize the opportunities fa, ty are the ones that are going to succeed in the end. they are going to come through ethnic -- come through it. >> and a recent article, the writer says of a global scale the arts market has not been doing very well, but in america, our market is thriving, and recently contempora

i believe in whistle-blowers not irresponsible whistle-blowers who just had a bad week with their wife and their furious and want to cause trouble but there is nothing in me that says we cannot find a way to separate those out and taken not just of the 1-800 number phone calls that are removed but make the whistle-blower system work. mr. chairman i thank you for letting me come here and i look forward to this. >> thank you very much senator rockefeller and my personal thanks for your great leadership in so many areas but also this the day care so much about. and others have been mentioned and congressman rahall is your and the audience represents that district where the upper big branch disaster occurred. i served in the house of years. you are welcome here congressmen rahall if you'd like to join us at the podium however you feel. >> thank you. let me just say it was part of the record in its entirety alaska each of the witnesses if they could sum up in five minutes their testimony. we have three different panels of i am not mistaken. four different panels and we will start first with

. >> we have whistle blower laws for all sort of industries on the books anyway.ne that's been out there for some time. that really hasn't been very well, you know, enforced. even the d.a.o. did a study where they take all the phone calls in the labor department with complaints and half weren't reported so the lay bar department is deluged with the problem and doesn't have staff to enforce it. >> david: not a question of the new laws but question of better enforcing. >> better enforcement. >> david: all right. that has to be the last word. congress is about to do something that will have all americans celebrating. yes, celebrating this april 15 tax day. you're only going to hear about this at the bottom of the hour. up next right here, students doing well, teachers get a bonus. taxpayers, they end up with the tax hike. details about how a new school plan could cost you money. ooo >> david: the push to give teachers more money when the students make the grade. isn't that what taxpayers are already giving them money to do? plus, companies starting to hire again. the

. >> our next artist is a class blower named nick. now we're on the way to his studio. >> three hours away. on the way max and i began to talk about how our economy has done in this past year. >> we have stimulated the economy to grow. and the first quarter of this year, we were down a minus 6.4%. in 11/24/09, we are 2.8 plus, a swing of 9.2% in our gdp. so we are very proud of this. >> and here we are wimberly glass works. there's nick. nick holds degree from the university of texas and austin and the rhode island school of design. >> arts give the nation or any nation a visual vocabulary. we are constantly trying to reinvest ourself. sure, the economy means they don't have as much money to hire an artist. this is a threshold time period. there's going to be some artist a bit successful to not be able to make it through the economy. but the artist that really tries to utilize the economy or utilize the opportunities that open up during this economy, they are the ones that are going to succeed in the end. they are going to come out th

so, and whistle-blowers, look at markopolos, madoff, stanford, you look at l.a.ital, you look at the mbia situation, in every one of these cases, the whistle-blower was ignored, not taken seriously. now you -- now the s.e.c. has woken up to that and i think they investigate literally every whistle-blower rumor that comes in the door. what you want to be careful of is they don't bring cases that could be very damaging without really being quite comfortable that the facts are on their side. >> finally, there is no one left, but they finally are investigating. everything's gone. lehman, mbia -- basically everything is already taken care of on its own, the market took care of it. now they're on the case? >> what is interesting is i think we have a pretty good regime from a regulatory point of view. just a question of enforcement. -- responsible for overseeing leverages at institutions and unfortunately didn't listen to david einhorn. >> such a similar situation. it is amazing. there is books written about both. i feel like this is kind of like -- i'm expecting ravlph

i believe in whistle-blowers. i don't believe in a responsible whistleblowers. who just had a really bad week with the wife and they are just furious and want to cause trouble. but there's nothing in me that says that we can't find a way to separate those out and today, not just the 1800 number phone calls, which are removed, but make the whistleblower system work. so, mr. chairman, i thank you for letting me come here and i look forward to this. >> thank you very much, senator rockefeller. again, my personal thanks to you for your great leadership. and so many areas but in this area which i'm also care so much about, along with you and senator isakson and others. it's been mentioned that congressman nick rahal is here in the audience who represents the third district of west virginia 434 years. born and raised a. that's where the upper big branch disaster occurred. i served in the house for several years with mr. rahal, as to do, ranking member, and again, you're welcome here, congressman rangel. if you'd like to join us up on the floor. or if you'd like to joi

magician's assistants, glass blowers. the list just goes on and on. perfect shot.y, does this guy love sex. [ applause ] >> jimmy: you know wha it's -- it's going to take some people more time to get over the -- by the way, why do golf announcers always whisper. they are watching from a tower 100 yards away. it's time to speak up. yesterday, tiger was honored by the golf writer's association. he got player of the year. the tenth time in 13 seasons he's won player of the year. this year's ceremony was a little bit different. >> ladies and gentlemen, your playa of the year. >> just -- what a get day today. >> yeah, boy! [ applause ] >> jimmy: congratulations. a lot of people have been talking today about tiger's new nike ad. have you seen the ad? they got some audio from a documentary about tiger where his father, earl woods, who passed away in 2006, was speaking. and they put his voice under the image of a very somber looking tiger. if you haven't seen it, check this out. >> tiger, i want to find out what your thinking was. i want to find out what your feelings are.

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they were voting to give it any whistle-blower in congress amnesty would come forward to expose who is problem. guest: that has been around for long time, and there has been pushed for many years to give greater protection for whistleblowers who speak up. this goes back to the most famous whistle-blower with the pentagon papers and disclosure about vietnam. there has been a great deal of interest in this. many who worked in the government who speak up and when no problems, and later justified by independent analysis and reports -- they go under tremendous financial hardship. and that is while they're trying to serve their countries. host: good morning. caller: i have a solution for this campaign problem which is really disrupting transparency with politicians. we need to set up a separate tv channel for they can speak whatever they need to to run their campaigns and front of all of america so they don't have to spend millions to support their campaigns, and cut off their ability to receive campaign money. the campaign money is basically kickbacks in advance from corporations influencin

this is to everybody around the whistle-blower. this is a way by which the authorities put the fear of god and to employees about what could happen to them. there is one other point about the threat to journalists. i know something about this because i have been in the middle of it. the real threat from subpoenas to journalists over the last few years has not been the criminal arena, it has been the civil arena. when lawsuits are brought by people in which they try to smoke out the sources of journalists, we had a very damaging opinion in the d.c. circuit that forced the new york times to settle rather than have the reporters go to jail to protect their sources. that was then copycat in the steve and hatfield case -- the stephen hatfield case. it has been really bad for journalists. from what i know, that has been the biggest threat to reporters and their source relationship. >> the government is increasingly finding it difficult to prosecute leakers. and officials first task is to come up with a more administrative internal soluti

i was a professional whistle-blower. my business transaction, you fix it. i rarely reduced my issue resolution to writing. might joined lehman brothers as they went public in 1994. i was hired in. i was approach because of my skills at as an issue identifier resolve for an equity finance. i became global product controller equity finance in 1994. i held my final position twice which was the global product comptroller of the global balance sheet, global financial controller of the firm balance sheet and global legal entities. there were a number of issues over the years. at the end of 2007, beginning of 2008 i have my normal load of issues discussed regularly with my peers, my boss. those included all the items of my may 16th letter which i will get to in a second and issues in the second e-mail talked about earlier. my personal issues were not being addressed at all in 2008. other issues are not being addressed. very little communication between people senior to i and myself. some pacification as to why these issues are not being resolved. on may 16th which

they are starting with the whistle-blower and they will be paying rewards for people to come in with inflation because when you take and you take risks and may be running a ticket but if you can come with a smoking gun e-mail and the transaction documents under fraudulent or come with a book the government does nothing about that is worth paying for because it saves the government tons of money and resources they would have never figured out on their own and it stops the fraud when it's small before they get so big it threatens the entire economy and put tens of millions of americans out of work. >> host: something as simple as forcing the funds to the trade through many different financial institutions and have the trade confirmations and directly to the customers. would that have helped a great deal you have a rule that says madoff has to do the street through five different firms whether it is a big firm, a small firm and then the customers are getting to the conference and may be throwing away but at least there is something if you are not getting anything as you know madoff had

there is starting the whistle-blower and paying rewards for people to come in with information and when you come in you to come to career risks and maybe the members of a ticket out of the industry but to come in with a smoking gun e-mail and the transaction but as a fraudulent or with a set of cooked books the government knows nothing about that is worth paying for because it saves the government tons of money and invested resources the would have never figured out on their own and it's not the problem on its small that it gets so big the entire economy it puts tens of millions of americans out of work something as simple as forcing these hedge funds to the trade through many different financial restitutions and have a trade confirmation sent directly to the customers would that have helped a great deal you have a rule that says madoff has to do the trade through five different firms whether it is a big firm, a small brokerage firm and then the customers are getting the conference may be throwing them away but there is something if you are not getting anything as you know madoff had a

physician's assistants, bar maids, glass blowers. the list just goes on and on.e, boy, does this is guy love sex. >> and we're very lucky to have willie geist with us here this morning from augusta. as you can see, his winnebago is right behind me down there. yesterday, his first day on the course he finished two six-packs under. but he's here with us on the 19th hole. >> he's also raving about the corn dogs. >> yeah, we got the rv loaded up with corn dogs, gatorade and cigarettes. we're going to have a great weekend. i promise you that. let's talk a little golf. we'll get to the leaders in a second. mike, you'll be fascinated by the age of the leaders on the board right now. tiger woods first, a lot of people wondering how he would be received on the first tee. here he is coming out to a huge ovation. if you know augusta national, it's no surprise that he was welcomed warmly. they don't heckle here. it's just not done. there was heckling from the sky which we'll show you later but twoords perfect on the first tee. he said he would be as nervous as he's ever been

snow blowers all in action yesterday.feet of snow between california and nevada and that's what it looks like in tahoe itself and you'll see the snow coming to an end but pick up in intensity from montana to wyoming. ahead of that developing low, all wind for the plains. wind advisories and look at the big chunk of real estate. oklahoma stretching clear on up to the canadian border. the red-shaded areas winds gusting to 60 or more. you had that going for you right there. look at the cold front slicing through the upper midwest and slight chance of severe thunderstorms, too. mainly occur later this afternoon and windy conditions and large hail and that's all you're going to find. i don't think it's a tornado day at all. snow developing out of wyoming and montana and heavy at times and winter storm warnings for a good half of montana, all rain for the eastern half and the snow piling up to 6 to 12 and even down by denver getting a few light showers immediately off to the west and then it's all snow for the higher elevations

this is to everybody around the whistle-blower. this is a way by which the authorities put the fear of god and to employees about what could happen to them. there is one other point about the threat to journalists. i know something about this because i have been in the middle of it. the real threat from subpoenas to journalists over the last few years has not been the criminal arena, it has been the civil arena. when lawsuits are brought by people in which they try to smoke out the sources of journalists, we had a very damaging opinion in the d.c. circuit that forced the new york times to settle rather than have the reporters go to jail to protect their sources. that was then copycat in the steve and hatfield case -- the stephen hatfield case. it has been really bad for journalists. from what i know, that has been the biggest threat to reporters and their source relationship. >> the government is increasingly finding it difficult to prosecute leakers. and officials first task is to come up with a more administrative internal soluti

we begin with the testimony of the former ceo of lehman brothers, as well as a whistle- blower who wastreasury secretary and the federal reserve chairman ben bernanke as well as the head of the securities and exchange commission. this portion is just over two hours. >> our first panelist is mr. fuld. >> mr. chairman, members of the house committee -- >> turn on your microphone. is there a light on? >> that better? i apologize. mr. chairman, members of the house committee on financial services, you have invited me to address a number of public policy issues raised by the lehman brothers bankruptcy reports filed by the examiner. singh september, 2008, i have given much thought to the financial country -- financial crisis that forced lehman brothers into bankruptcy. the idea of a super regulator is a good one. in this new regulator should have actual experience and a true understanding of the business of financial institutions and capital markets and risk-management. the new regulator should have access on a real-time basis to all information and data, from all market participants regardi

as well as other whistle blowers who have brought to our attention many other cases. and successful collaborations like this one aren't just limited to the justice department's fight against health care fraud. that interagency, federal and state commitment extends to other areas where we are also tackling fraud on the taxpayers. in november, 2009, president obama elevated the battle against financial fraud to a cabinet-level priority by asking the attorney general to chair the financial fraud enforcement task force. the increased enforcement efforts aimed at addressing fraud in the housing and mortgage industries have increased recoveries in this arena from $15 million in 2008 to $52 million in 2009 and the first part of this year. our commitment also extends to rooting out fraud in connection with the procurement of goods and services used by our military and civilian agencies including fraud that affects our men and women fighting in iraq and afghanistan. since january, 2009, procurement fraud cases have accounted for approximately $630 million in recoveries. over t

that is what i do for a living as a professional whistle- blower. my business is transacted by word of mouth. i very rarely reduce my issue resolutions. i joined lehman brothers just as i went public in 1994. i answered an ad. i was approached because of my skill set. i became global product controller. i held the position twice. i also tell my final position twice, which was the global comptroller of the global balance sheet. -- global financial controller of the financial sheet. there are a number of issues. if i fast forward to the end of 2007, i had my normal loaded issues that were discussed regularly with my peers and my boss. those included all of these which i will get to in a second. the also included issues in the second e-mail that was talked about for the year. my own personal issues were not being addressed. other issues were not being addressed or with very little communication. there is some issues as to why they were not being resolved. on may 16, which was two weeks before the end of the second quarter, i hand delivered my letter to

osha's whistle blower provisions are 40 years and lack behind laws that provide stronger worker protection. it is critically important if an employer fails to comply with an order providing relief, both eol and the worker can file a civil action. pawa also cdofies a worker's right to refuse unsafe work and prohibits employer retaliation against employees for reporting injuries or illnesses. osha recognizes the importance of family participation. while it is osha's policy to talk to families during the investigation process, and to inform them about our citation procedures and settlements, this policy has not always been implemented consistently and in a timely manner. pawa is facing into law the right of a family member to meet with osha regarding an investigation and receive copies of the citation at the same time as the employer at no cost. pawa would also enable victims to be informed of any notice of contest and to make a statement before an agreement is made to withdraw or modify a citation. finally, it is a little known fact that state and local employees who respond to our emergenci

there's a piece from the wowl street journal, it's called, "meet a city group whistle blower." he was in charge of the company's consumer lending department. he basically was worried about the fact that 60% of the roughly $50 billion in prime mortgages that citigroup bought and sold annually were defective. here's from his testimony earlier this week. >> these mortgage loans were not made by citi. they were made by other mortgage companies and citi purchased them. and it was my responsibility to make sure that these mortgages met citi's credited policy standards. during 2006 and 2007, i witnessed business risk practices, which made a mockery of citi credit policy. i believe these exposed citi to substantial risk of loss, and i warned my business unit management repeatedly during 2006 and 200 about the risk issues i identified. i felt like i had to warn citi executive management, i had to warn the board of directors. about these risks that i knew existed. host: and morely from the hearing this week, and we had a reporter joining us yesterday from "the washington post," writing f

the report for the highlights the importance of whistle-blower reforms. moreover, his report proves the need to fundamentally change the way the u.s. sec operates. the house bill doubles the review. hopefully, this hearing will be one of the last areas of this gloomy opera. the proverbial that lady has begun to sing and we must now complete our work. >> the gentleman from alabama is recognized for four minutes. >> in response to reading the accounts of revolutions of the accounting manipulations by the lehman brothers' bankruptcy examiner last month, i called on chairman frank to hold this hearing and want to thank him for his prompt response. one must ask, was lehman too big or interconnected to blow the whistle on? the court-appointed bankruptcy examiner has provided us with an exhaustive report on their actions and regulators failures. as we consider how to reform our system, his report serves as both a case study and cautionary tale of what can only be described as a gross of failure. the regulations and powers needed to address the misconduct were in