Noncompliant : A Lone Whistleblower Exposes the Giants of Wall Street by Carmen Segarra (2018, Hardcover)

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NONCOMPLIANT: A LONE WHISTLEBLOWER EXPOSES THE GIANTS OF WALL STREET By Carmen Segarra - Hardcover **BRAND NEW**.

About this product

Product Identifiers

PublisherPublic Affairs
ISBN-101568588453
ISBN-139781568588452
eBay Product ID (ePID)242882179

Product Key Features

Book TitleNoncompliant : a Lone Whistleblower Exposes the Giants of Wall Street
Number of Pages352 Pages
LanguageEnglish
TopicBanks & Banking, Business Ethics, White Collar Crime, Political Process / Political Advocacy, Industries / Financial Services
Publication Year2018
GenrePolitical Science, True Crime, Business & Economics
AuthorCarmen Segarra
FormatHardcover

Dimensions

Item Height1.2 in
Item Weight20.5 Oz
Item Length9.5 in
Item Width6.5 in

Additional Product Features

Intended AudienceTrade
LCCN2018-377467
Dewey Edition23
ReviewsIn Noncompliant , gutsy whistleblower Carmen Segarra detonates a metaphorical explosive device inside the previously impenetrable limestone facade of the powerful Federal Reserve Bank of New York. In a gripping and highly personal narrative, Segarra reveals the depths of the shameful regulatory capture that exists between the New York Fed and the Wall Street banks it is meant to supervise -- and the high price she paid for doing the right thing.-- William D. Cohan, author of Money and Power: How Goldman Sachs Came to Rule the World
Dewey Decimal332.1/10973
SynopsisIn 2011, Carmen Segarra took a job as a regulator at Goldman Sachs for the New York Fed. It was an opportunity, she believed, to monitor the big bank's behavior in order to avoid another financial crisis.Shocked to discover that Goldman did not have a conflict of interest policy, she immediately issued a report. But her superiors pressured her to modify the report, covering up her discovery. It was then that she realized the full extent of the collusion between Goldman and the Fed and began to record meetings and conversations with her superiors. When she refused to change her report, Segarra was dismissed from her job. Shortly thereafter she released her audio recordings, exposing the Fed's inefficiency in holding the bank accountable.In this hard-hitting expose, Segarra chronicles her experience blowing open the doors on the macro-level corruption, ineffectiveness, and illegal behavior of the big banks and the government bodies set up to regulate them. From the moment she became a whistleblower, countless employees of regulatory bodies and banks have come to Segarra to share testimonies of cover-ups they have witnessed. In Noncompliant , she reveals how common these practices are, and shows how the culture of corruption that is not only accepted but encouraged in these companies filters down to the individual employees. In the process of unraveling these connections, she explains to readers how, ultimately, this systemic corruption affects us all., 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 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.
LC Classification NumberHG2491

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