Sunday, October 13, 2013

Lawsuit: New York Fed examiner fired for Goldman Sachs findings (VIDEO)

A former senior examiner at the Federal Reserve Bank of New York filed a wrongful-termination lawsuit against the bank.

Carmen Segarra, a lawyer who spent seven months examining the Legal and Compliance Division of Goldman Sachs, found that the Wall Street bank did not have policies in place to prevent conflicts of interest as required by government regulations.

When Segarra brought this information to light, she says she was pressured by New York Fed officials who oversee the Fed's relationship with Goldman Sachs to change her findings, and, when she refused, she says she was fired. RT's Ameera David has more details on Segarra's lawsuit.

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