The Alleged Hypocrisy Of The New York Federal Reserve Exposed.

The Alleged Hypocrisy Of The New York Federal Reserve Exposed.

This American Life served up a rather shocking view, September 26, 2014, showing us an  inside view of the inner workings of  the New York Federal Reserve that appears to reveal how some administrators exhibit weakness and seem warm to the banks that they are expected to regulate.  If a staff member shows backbone and tries to adhere to the mission of the institution they may find themselves out of a job.   The sum total of this program seems to paint the New York Federal Reserve as a possible fortress of insincerity toward their mission.  The New York Federal Reserve appears by this example to be elevating the lemming management and firing the staff that may challenge the mission running off the rails.  I have friends that as they get older seem to become my cynical of the United States Government process.  We need more people like Carmen Segarra to work in government to do the work that we as citizens expect and maintain mission integrity.

536: The Secret Recordings of Carmen Segarra   Sep 26, 2014

Print version:  Inside the New York Fed: Secret Recordings and a Culture Clash by Jake Bernstein,    ProPublica, Sep. 26, 2014, 5 a.m.         

Restitution in this case appears to me to be that Carmen Segarra receive full back pay since she was fired, payment of all legal fees, and take over the job that her former boss had, who fired her.

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