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The secret recordings of a former Fed examiner imply that there was a timid regulatory approach toward Goldman Sachs that some are saying is widespread.
The secret recordings of Carmen Segarra, a former Federal Reserve bank examiner stationed at Goldman Sachs, have caused a quite stir since they were aired last week in a segment on the popular podcast “This American Life.” The tapes not only allege wrongdoings at Goldman, but also instances of the Fed, the firm’s primary supervisor, handling the...
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