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 2 years ago by [email protected] to c/[email protected]
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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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[–] [email protected] 3 points 2 years 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.