New York Fed fired examiner who refused to go soft on Goldman Sachs: report
11 years, 5 months ago

New York Fed fired examiner who refused to go soft on Goldman Sachs: report

Raw Story  

A version of this story was co-published with The Washington Post. Before she could formalize her findings, Segarra said, the senior New York Fed official who oversees Goldman pressured her to change them. Initial meetings between the New York Fed and Goldman executives to review the bank's policies did not go well, said Segarra, who kept detailed minutes. After the Dec. 8 meeting, the New York Fed's senior supervising officer at Goldman, Michael Silva, called an impromptu session with Fed staffers, including Segarra. Segarra said James Bergin, then head of the New York Fed's legal and compliance examiners, noted at a November meeting that there was tension between the new risk specialists and old-guard supervisors at the banks.

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The Fed Just Can't Stop Hiring Former Goldman Sachs Bankers
9 years, 4 months ago

The Fed Just Can't Stop Hiring Former Goldman Sachs Bankers

Huff Post  

Neel Kashkari will be the new president of the Minneapolis Federal Reserve Bank. David Paul Morris/Bloomberg via Getty Images The Federal Reserve is in a bit of a rut -- it keeps hiring former Goldman Sachs executives. In August, the Dallas Fed named former Goldman Sachs Vice Chairman Robert Kaplan as its president. The head of the Philadelphia Fed, Patrick …

Ex-Goldman banker faces criminal charges in New York Fed leak case: report
9 years, 5 months ago

Ex-Goldman banker faces criminal charges in New York Fed leak case: report

Live Mint  

US federal prosecutors are planning to announce a criminal case this week against a former Goldman Sachs Group Inc banker suspected of taking confidential documents from a government employee, the New York Times reported. Bansal and his source, who worked at the Federal Reserve Bank of New York at the time of the leak, might plead guilty to misdemeanor theft …

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