this post was submitted on 04 Dec 2023
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The Secret Recordings of Carmen Segarra || An unprecedented look inside one of the most powerful, secretive institutions in the country. The NY Federal Reserve is supposed to monitor big banks. But... (www.thisamericanlife.org)
submitted 10 months ago by [email protected] to c/theppshow
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This is really good and gives some major insight into the lax attitude around our financial institutions.

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[โ€“] vinan 3 points 10 months ago

Thanks for the great share, IMO Carmen Segarra is not aware the FED is a privately owned entity, who do not have a regulatory authority rather a supervisory obligations over the other privately owned bank.

[โ€“] udon_corleone 3 points 10 months ago

I don't remember this one but I've listened to a ton of these. Not in the last few years so much (although I see this is from 2014). When it's good, it's really good. Will give it a go :)