Federal Reserve Facing Scrutiny After Corruption Scandals

By: Monday November 24, 2014 7:58 am

Last Friday New York Federal Reserve Chairman and former Goldman Sachs Chief Economist William Dudley went before the Senate Banking Subcommittee on Financial Institutions and Consumer Protection. Dudley testified in the wake of a slew of scandals the New York Fed was caught up in including a secret recording that revealed the Fed looked on [...]

New York Fed Head William Dudley To Give Yet Another Speech On Wall Street’s Corrupt Culture

By: Friday November 21, 2014 8:10 am

Former Goldman Sachs Chief Economist and current President of the New York Federal Reserve, William Dudley, is preparing to once again speak on Wall Street’s corrupt culture.┬áHe’s not going to do anything about it, but he does love to talk (and talk and talk) about how Wall Street’s culture of corruption is creating instability and [...]

Goldman Sachs Gained Inside Information From New York Fed

By: Thursday November 20, 2014 8:22 am

Wealth of America's top 0.1% is about to exceed that of bottom 90% for first time since 1930s http://t.co/XiPh31bQjO pic.twitter.com/nasmFcsY5y — The Economist (@TheEconomist) November 10, 2014 Apparently that recent study showing banking culture is corrupt in essence is not so far off the mark as it has now been revealed that Goldman Sachs received [...]

After Corruption Scandal Federal Reserve Says It May Start Enforcing Law

By: Tuesday October 21, 2014 9:16 am

In the aftermath of the exposure of the Federal Reserve collaborating with Goldman Sachs to prevent the bank from being accountable for breaking the law, Fed officials warned Wall Street that if banks did not cut back on reckless and criminal behavior they might finally face penalties including being broken up. The warnings were issued [...]

Secret Goldman Sachs Tapes Reveal Culture Of Corruption At Federal Reserve

By: Friday September 26, 2014 7:22 am

$GS' Lloyd Blankfein & @HillaryClinton at Women Entrepreneurs #CGI2014 dinner hosted by #10KWomen cc @ClintonGlobal pic.twitter.com/P5bc0mGkSc — GS 10,000 Women (@GS10KWomen) September 24, 2014 The radio program This American Life is airing parts of secret recordings made by Carmen Segarra of meetings she attended at Goldman Sachs while acting as a regulator for the Federal [...]

NY Fed President Says Wall Street ‘Lacks Respect For The Law’

By: Friday November 8, 2013 8:47 am

Is there anyone left who doesn’t think Wall Street has a culture of corruption? Even the President of the New York Federal Reserve William Dudley, a former Chief Economist at Goldman Sachs, has now critiqued Wall Street’s open contempt for the rule of law. Dudley claimed the banksters have displayed “deep-seated cultural and ethical failures.” [...]

New York Federal Reserve Fired Examiner Who Took on Goldman Sachs

By: Friday October 11, 2013 7:32 am

Former New York Federal Reserve Bank Examiner Carmen Segarra has a filed a wrongful termination lawsuit against the New York Federal Reserve. In the suit Segarra claims that while acting as a bank examiner for the NY Fed she was told to falsify findings on Goldman Sachs and when she refused was fired. Under a [...]

Banks Siphon Bernanke’s Stimulus While Tightening Credit On Middle Class

By: Monday December 24, 2012 9:42 am

While many former homeowners will be spending the holidays in the streets, it is good to know the bailed out banks are making some nice profits… off the American taxpayer. Fed Chairman Bernanke’s continual leveraging of the national credit card via buying mortgage-backed securities to stimulate the mortgage market has done little for the mortgage market and a lot for Wall Street’s bottom line.

NY Fed Chief Talks About Raising Inflation Targets

By: Friday October 1, 2010 11:07 am

This would be out of character: The Federal Reserve could adopt an explicit inflation target like that of the UK in order to keep up public expectations of future price rises, one of the most influential regional Fed presidents has said in a speech. William Dudley, the head of the Federal Reserve Bank of New [...]

support firedoglake
Follow FDL News Desk
TODAY’S TOP POSTS
Advertisement
FROM PR NEWSWIRE

Close