PDF-(READ)-Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street

Author : luluraffield | Published Date : 2022-06-28

A firsthand account of corruption and coverup at Goldman Sachs from the Federal Reserve examiner who refused to be silenced In 2011 Carmen Segarra took a job as

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(READ)-Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street: Transcript


A firsthand account of corruption and coverup at Goldman Sachs from the Federal Reserve examiner who refused to be silenced In 2011 Carmen Segarra took a job as a regulator at Goldman Sachs on behalf of the NY Fed It was an opportunity she believed to monitor the big banks behavior in order to avoid another financial crisisShocked to discover that Goldman did not have a conflict of interest policy she immediately issued a report But her superiors pressured her to modify the report covering up her discovery It was then that she realized the full extent of the collusion between Goldman and the Fed and began to record meetings and conversations with her superiors When she refused to change her report Segarra was dismissed from her job Shortly thereafter she released her audio recordings exposing the Feds inefficiency in holding the bank accountableIn this hardhitting exposé Segarra chronicles her experience blowing open the doors on the macrolevel corruption ineffectiveness and illegal behavior of the big banks and the government bodies set up to regulate them From the moment she became a whistleblower countless employees of regulatory bodies and banks have come to Segarra to share testimonies of coverups they have witnessed In Noncompliant she reveals how common these practices are and shows how the culture of corruption that is not only accepted but encouraged in these companies filters down to the individual employees In the process of unraveling these connections she explains to readers how ultimately this systemic corruption affects us all. 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