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portada Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street
Type
Physical Book
Publisher
Author
Year
2018
Language
English
Pages
352
Format
Hardcover
ISBN13
9781568588452
Categories

Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street

Carmen Segarra (Author) · Nation Books · Hardcover

Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street - Carmen Segarra

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Synopsis "Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street "

A first-hand account of the oversight of the big banks in the wake of the financial crisis, from the Federal Reserve examiner who refused to be silencedIn 2011, Carmen Segarra took a job as at the Federal Reserve Bank of New York supervising for Goldman Sachs. It was an opportunity, she believed, to monitor the big bank's behavior in order to avoid another financial crisis.Segarra was shocked to discover, however, the full extent of the relationship between Goldman and the Fed. She began making secret recordings that later became the basis of a This American Life episode that exposed the Fed's ineffectiveness in holding banks accountable.In Noncompliant, Segarra chronicles her experience blowing open the doors on the relationship between the big banks and the government bodies set up to regulate them.As we mark the tenth anniversary of the 2008 financial crisis, Noncompliant shows us how little has changed, and offers an urgent call for real reforms.

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