— Matt Taibbi and Molly CrabappleIn May 2012, Mary Schapiro testified before the House Appropriations Committee about the SEC whistle-blower program. She told the House that the program was “already providing high-quality information,” but when asked how many awards had actually been paid out, she admitted—none. The program was just under two years old, and not a single whistle-blower case had been made.
Replicated under Fair Use from The Divide: American Injustice in the Age of the Wealth Gap by Matt Taibbi and Molly Crabapple. (Pg. 380)