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 11 months ago by MozooZ@lemmy.whynotdrs.org to c/theppshow@lemmy.world
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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€“] udon_corleone@lemmy.world 3 points 11 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 :)

[โ€“] vinan@lemmy.world 3 points 11 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.