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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 9 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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[-] vinan@lemmy.world 3 points 9 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.

this post was submitted on 04 Dec 2023
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