Noncompliant

A Lone Whistleblower Exposes the Giants of Wall Street

Business & Finance, Business Reference, Business Ethics, Industries & Professions, Industries, Nonfiction, Social & Cultural Studies, True Crime
Cover of the book Noncompliant by Carmen Segarra, PublicAffairs
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Author: Carmen Segarra ISBN: 9781568588513
Publisher: PublicAffairs Publication: October 16, 2018
Imprint: Bold Type Books Language: English
Author: Carmen Segarra
ISBN: 9781568588513
Publisher: PublicAffairs
Publication: October 16, 2018
Imprint: Bold Type Books
Language: English

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 silenced

In 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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 silenced

In 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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