FDIC investigates topless golf outing

Published June 29, 2007 4:00am EST



The federal agency insuring bank depositors has opened an internal investigation after receiving complaints that senior staff induced women to remove their blouses at a recent golf outing.

Federal Deposit Insurance Corp. spokesman David Barr told The Examiner Thursday that the investigation was still open, despite earlier promises to finish “within a week.”

“These things take time to conduct and are hard to predict when they’ll be finished,” Barr said in an e-mail.

The investigation stems from a May 22 outing at the Penderbrook Golf Club in Fairfax. Though not officially sanctioned by the FDIC, it drew several high-ranking staff from the agency’s information technology division.

According to published reports and a source fromwithin the banking insurance group, a top official in the section induced two women to take their blouses off in public.

Steve Zarnick, the general manager of Penderbrook, did not respond to calls seeking comment.

Word got around about the incident within the agency and someone complained, according to the source.

The FDIC was created by Congress in 1934, during the Great Depression to insure citizens’ bank accounts.

In a previously released statement, Barr said his agency would take “strong action” to make sure that the agency’s employees “adhere to the highest standards of professionalism.”

Barr said he expected the investigation to wrap up “soon.”

Anyone with information on the FDIC can call Bill Myers at 202-459-4956 or send an e-mail to [email protected].