quote- Are Wall Street regulators dropping the ball again, only five years after the 2008 market crash? A lawsuit filed last week in federal district court in Manhattan against the Federal Reserve Bank of New York raises that and other disturbing questions. Filed by Carmen Segarra, a former senior examiner for the New York Fed, the lawsuit alleges that she was fired after Fed supervisors pressured her to falsify her findings that Wall Street behemoth Goldman Sachs (2012 revenues: $34.163 billion) had established inadequate conflict of interest policies that were “full of holes” and failed to meet Fed requirements. “They wanted me to falsify my findings,” Segarra said recently, “and when I wouldn’t, they fired me.” -unquote
Posted on: Wed, 16 Oct 2013 23:58:00 +0000
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