Whistle Blowers Are Suing The Rtc

Just as the Resolution Trust Corp. seemed to be putting last month's congressional Whitewater hearings behind it, the agency is under attack again. On Sept. 1, one former and three current RTC employees were expected to file suit in a Washington federal court charging the RTC with "a vicious campaign of retaliation" against agency employees blowing the whistle on fraud and mismanagement. Two of the plaintiffs testified last fall in a Senate hearing on RTC whistle-blower complaints. That hearing prompted Senate Banking Chairman Donald Riegle Jr. (D-Mich.) to request a review by the Justice Dept. of the charges of harassment and abuse. The RTC declined to comment.

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