FDIC partying like the OT

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Employees and supervisors at the Federal Deposit Insurance Corporation (FDIC) are at the center of a brewing media firestorm after The Wall Street Journal released an in-depth report on the agency's "party culture."

"A male Federal Deposit Insurance Corp. supervisor in San Francisco invited employees to a strip club," The Wall Street Journal revealed in a recent story headlined, "Strip Clubs, Lewd Photos and a Boozy Hotel: The Toxic Atmosphere at Bank Regulator FDIC."

"A supervisor in Denver had sex with his employee, told other employees about it and pressed her to drink whiskey during work," (YOU KNOW HE POSTS HERE) the report continued. "Senior bank examiners texted female employees photos of their penises. The agency tolerated a heavy drinking culture."

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Key to the FDIC’s wild drinking culture was an "11-story hotel outside Washington, where out-of-town employees stay when attending training," per the Journal. The hotel "was a party hub, where people have vomited in the elevator and urinated off the roof after nights of heavy drinking."

The report continued: "The FDIC spent more than $100 million in the 1980s to build a training complex in Arlington, Va., that included a hotel for agency staff with more than 350 rooms, an outdoor pool and a rooftop patio. The FDIC said the hotel and training complex save the agency money."

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