www.fgks.org   »   [go: up one dir, main page]

You may be trying to access this site from a secured browser on the server. Please enable scripts and reload this page.

Woodrow Wilson Visiting Fellows

David P. Weber

Attorney; fraud examiner

​David P. Weber is an attorney and certified fraud examiner. Until November 2012, Weber served as the U.S. Securities and Exchange Commission’s Assistant Inspector General for Investigations, the agency’s chief investigator. Weber was responsible for the identification and reporting of egregious misconduct involving the SEC’s operations and programs, including agency misconduct in the Bernard L. Madoff and R. Allen Stanford investigations, the two largest Ponzi schemes in the history of the United States. Weber also reported the potential cyber compromise of each of the nation’s stock exchanges, the gravest critical infrastructure compromise in financial history. For insisting that misconduct be revealed and corrected, Weber was fired but not silenced. Instead, as recounted by Rolling Stone Magazine, Weber reported the misconduct to Congress and filed a whistleblower suit in federal court. Just 11 days after his suit became public, the entire SEC senior management team began to resign, including the SEC’s Chairman and its General Counsel. Before working at the SEC, Weber served as the Federal Deposit Insurance Corporation’s Supervisory Counsel and Chief of Enforcement Unit I, responsible for directing all the investigations and prosecutions of misconduct for the western half of the United States, overseeing staff in Washington, DC, as well as five regional offices in the U.S. Before his employment at the FDIC, Weber spent more than a decade as Special Counsel for Enforcement at the Office of the Comptroller of the Currency (OCC), the bureau of the United States Department of the Treasury responsible for regulation of the national banking system. At the OCC, Weber also served as legal counsel to the Chairman to the Panel of the Troubled Asset Relief (TARP) Capital Purchase Program, the group charged with recommending which banks obtained TARP funding. Finally, Weber served as the OCC’s secondary historian, giving lectures and presentations on the history of money, counterfeiting, and the creation of the nation’s modern banking system.

TOPICS
The right thing, at personal cost; one uncle, many children: stark differences in federal agency culture; collision at the corner: main and Wall Street after financial reform; anatomy of the fraudulent housing market: implosion of Colonial Bank; counterfeiters and currency mayhem: the modern history of money.
 Fellows with Similar Expertise