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cover of the book Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street

Ebook: Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street

Author: Carmen Segarra

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30.01.2024
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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 aThis American Lifeepisode that exposed the Fed's ineffectiveness in holding banks accountable.
InNoncompliant, 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,Noncompliantshows us how little has changed, and offers an urgent call for real reforms.
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