Citi’s country-bred whistle-blower: Sherry Hunt started her career in the mortgage business as a 17-year-old mom processing home loans in Alaska. By the age of 55, Ms. Hunt was supervising 65 loan officers in Citigroup’s mortgage unit. The year was 2004, and business was booming. Citi was buying loans from outside lenders that had been secured with phony documents, and Ms. Hunt’s reports highlighting defective loans were being buried. The housing bubble popped, of course, and Citi took $45 billion in Federal bailouts. That didn’t stop the bank from processing defective loans. In 2011, a supervisor told Ms. Hunt and a colleague that if the number of loans being classified as defective didn’t fall, it would be “your asses on the line.” The country girl turned banking executive didn’t back down. In the spirit of all great Americans, she went to court. Bob Ivry goes there too, profiling Ms. Hunt, who would ultimately win $31 million in a whistle-blower suit against the banking giant, in July’s Bloomberg Markets magazine. Read More
The Last Frontier? Artists Are Running Out of Neighborhoods to Be Priced Out OfWork-Life Balance: California Producer Contracts for Flatiron Loft Listed at $3.5 M.Baa-Headed: Why Are There So Many Animal Decapitations in Brooklyn This Week?
Drew Friedman Chronicles America's Jewish ComediansMorning Media MixSimon & Schuster Cancels a Book Deal With an Elevator
An Art Dealer in the SpotlightA So-So Week for Opera: A Less-Than-‘Enchanted Island' at One MetTalk to the Hand: 'Hand to God' Stars One Scary Sock Puppet
Editorial: Obama’s Grand FailureEditorial: The Mayor and Ms. MoskowitzPaul Singer: Gay Marriage's Time Has Come
The Battle Is Over: U.S. Olympic Skier Chooses Date On the Basis of Her TweetsWhere to Find All the Free Food at SXSW 2014The 17 Best Life Lessons From Martha Stewart’s Reddit AMA
An Art Dealer in the Spotlight‘We Hope That She Offs Herself Soon So It’ll Be Worth a Lot of Money’: Five Minutes With Neil Patrick Harris and David Burtka at the Armory Show26-by-17-Inch Wade Guyton Sells for $1 M. at Christie’s