Noncompliant
Subtitle: a lone whistleblower exposes the giants of Wall Street
By: Carmen Segarra
Edition: First edition.
Published: 2018
Language: eng
Number of pages: 341
ISBN-13: 9781568588452
Copyright date: 2018
Subjects: Goldman, Sachs & Co; History; Investment banking; Financial crises; Government policy; Whistle blowing; Global Financial Crisis, 2008-2009; Federal Reserve Bank of New York; Corporate governance
Description: "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."--
Notes: Includes bibliographical references and index.