A Lone Whistleblower Exposes the Giants of Wall Street
Bold Type, 2018
An insider exposes the problem of regulatory capture at the New York Federal Reserve.
Former New York Federal Reserve examiner Carmen Segarra delivers a first-hand account of what goes into supervising a major financial institution – in this case, Goldman Sachs. Segarra describes the ambiguous management muddle within the NY Fed that facilitated the regulatory capture that all too often arises between federal agencies and the financial institutions they monitor. Her book is an intriguing look at the price a whistleblower pays: Segarra’s revelations ultimately cost her her job.
About the Author
Carmen Segarra is an attorney and advocate for regulatory reform and transparency.
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