Books on Whistleblowers
In 1986, with contractors stealing an estimated 10 percent of the total federal budget by fraud, Congress passed a newly strengthened anticorruption law. Ordinary citizens could file lawsuits on behalf of the government to recover money stolen from the public Treasury, and they would share in the result. In the years since, despite massive institutional resistance, the False Claims Act has emerged as one of the nation's most potent weapons against corporate greed. Giantkillers is the story of that law and what it has accomplished. Charged with intrigue and courtroom drama, Giantkillers describes in novelistic detail how an unlikely team - a conservative senator, a liberal congressman, and a crusading public interest attorney - revitalized a public interest law, enacted during the Civil War, that was gutted by lobbyists and almost forgotten.
Purchase Henry Scammell's Giantkillers here.
Who steals? An extraordinary range of folks --from low-life hoods who sign on as Medicare or Medicaid providers equipped with nothing more than beepers and mailboxes, to drug trafficking organizations, organized crime syndicates, and even major hospital chains. In License to Steal, Malcolm K. Sparrow shows how the industry's defenses are no match for such well orchestrated attacks. The maxim for thieves simply becomes "bill your lies correctly." Provided they do that, fraud perpetrators with any degree of sophistication can steal millions with impunity. Highly automated claims-processing systems present fraud perpetrators with rich, fast-paying check printing systems with little threat of human intervention. In the end, Sparrow admits the "war on fraud" is engaged, but far from won.
Purchase Malcolm Sparrow's License to Steal here.
In July 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act that greatly expanded whistleblower bounties in connection with violations of federal securities laws, including the Foreign Corrupt Practices Act. Discussing business protection strategies and best practices in dealing with whistleblowers, Whistleblowers will appeal to board members, executives, corporate compliance personnel, attorneys for whistleblowers and defense attorneys, as well as potential employee whistleblowers. Timely and comprehensive, Whistleblowers emphasizes the disincentives to whistleblowing, reviewing the academic studies of whistleblowers with the idea of developing best practices in working with whistleblowers.
Purchase Frederick Lipman's Whistleblowers here.
When John Schilling went to work for the Columbia Hospital Corporation, he never expected to become the catalyst for a series of 'whistleblower' cases that ripped through the healthcare industry. But when he discovered that the company was siphoning billions away from Medicare, he was faced with a choice: speak up for what he believed to be right, or remain silent. Undercover tells the story of Schilling's incredible journey from ordinary citizen to federal informant, as he bravely stands up for the truth, treading a dangerous path against corrupt executives, and putting himself in serious personal jeopardy. A compelling account of one man's decision to risk everything for the greater good, this book reveals the personal side of a thankless role that resulted, ultimately, in justice.
Purchase John Schilling's Undercover here.
No One Would Listen is the thrilling story of how Harry Markopolos, a little-known numbers cruncher from a Boston equity derivatives firm, and his investigative team uncovered Bernie Madoff's scam years before it made headlines, and how they desperately tried to warn the government, the industry, and the financial press. Page by page, Markopolos details his pursuit of the greatest financial criminal in history, and reveals the massive fraud, governmental incompetence, and criminal collusion that has changed thousands of lives forever-as well as the world's financial system. No One Would Listen paints a vivid portrait of Markopolos and his determined team of financial sleuths, and what impact Madoff's scam will have on financial markets and regulation for decades to come.
Purchase Harry Markopolos' No One Would Listen here.
Could 2008's credit crisis have been minimized or even avoided? In 2002, David Einhorn-one of the country's top investors-was asked at a charity investment conference to share his best investment advice. Short sell Allied Capital. At the time, Allied was a leader in the private financing industry. Einhorn claimed Allied was using questionable accounting practices to prop itself up. Sound familiar? At the time of the original version of Fooling Some of the People All of the Time: A Long Short Story the outcome of his advice was unknown. Now, the story is complete and we know Einhorn was right. In 2008, Einhorn advised the same conference to short sell Lehman Brothers. And had the market been more open to his warnings, yes, the market meltdown might have been avoided, or at least minimized.
Purchase David Einhorn's Fooling Some of the People All of the Time here.
A Just Cause is the story of James Holzrichter, an ordinary family man who discovered evidence of a massive mismanagement and fraud scheme on the part of the US defense contractor he worked for. James’s desire to help the company, his country, and his need to protect his family crash headlong into a seventeen-year-long corporate assault on everything he holds dear. A Just Cause is an intensely personal and sweeping tale of personal integrity and corporate fraud. It is a suspenseful yet inspirational story of the power of the citizen and the potential for effective action in government. It is a living testament to the enduring best of the human spirit and is above all else, a celebration of heroes
Purchase James Holzrichter's's A Just Cause here.