The whistleblower’s name wasn’t released. That person’s New York-based attorney, Stuart Meissner, only identified his client as a former Monsanto financial executive who approached the SEC only after trying to correct the issues internally.
Right after the financial crisis, an SEC lawyer fought a lonely struggle to get his agency to crackdown harder on Goldman bankers. He lost.
In the late summer of 2009, lawyers at the Securities and Exchange Commission were preparing to bring charges in what they expected would be their first big crackdown coming out of the financial crisis. The investigators had been looking into Goldman Sachs’ mortgage-securities business, and were preparing to take on the bank over a complex deal,