Tuesday, October 15, 2013

Blowing the Whistle on the New York Fed and Goldman Sachs

Click here to access article by Pam Martens from Wall Street on Parade.

This brief story illustrates where real power lies in our nation--and, it's not with "the people" as you were taught in school. It also illustrates that no matter how many regulations and regulators this nation has, it won't matter to those who rule behind the scenes of official government.
There are a number of interesting aspects to the lawsuit filed by Carmen M. Segarra against the Federal Reserve Bank of New York and three of its employees. Segarra was a bank examiner at the New York Fed who is charging in her lawsuit that she was told to change her negative review of Goldman Sachs and when she refused to do so, she was terminated in retaliation and escorted from the Fed premises.