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Noncompliant
- A Lone Whistleblower Exposes the Giants of Wall Street
- Narrated by: Roxana Ortega
- Length: 13 hrs and 57 mins
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Noncompliant
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Summary
A first-hand account of the oversight of the big banks in the wake of the financial crisis, from the Federal Reserve examiner who refused to be silenced
In 2011, Carmen Segarra took a job as at the Federal Reserve Bank of New York supervising for Goldman Sachs. It was an opportunity, she believed, to monitor the big bank's behavior in order to avoid another financial crisis.
Segarra was shocked to discover, however, the full extent of the relationship between Goldman and the Fed. She began making secret recordings that later became the basis of a This American Life episode that exposed the Fed's ineffectiveness in holding banks accountable.
In Noncompliant, Segarra chronicles her experience blowing open the doors on the relationship between the big banks and the government bodies set up to regulate them.
As we mark the 10th anniversary of the 2008 financial crisis, Noncompliant shows us how little has changed, and offers an urgent call for real reforms.
Critic reviews
"In Noncompliant, gutsy whistleblower Carmen Segarra detonates a metaphorical explosive device inside the previously impenetrable limestone facade of the powerful Federal Reserve Bank of New York. In a gripping and highly personal narrative, Segarra reveals the depths of the shameful regulatory capture that exists between the New York Fed and the Wall Street banks it is meant to supervise - and the high price she paid for doing the right thing." (William D. Cohan, author of Money and Power: How Goldman Sachs Came to Rule the World)
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What listeners say about Noncompliant
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall2 out of 5 stars
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Performance1 out of 5 stars
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Story2 out of 5 stars
- Amazon Customer
- 04-03-19
Not very exposing
Boring and badly read. There were many banking scandals in recent years and some great books made of it, this one is not one of them. Over indulging in legal vocabulary, patronising, empty story. Important topic, but not greatly exploited.
Additional annoyance caused by intonations and prononciation of certain words (e. g., all with - ing...) of the lady narrator, don't mind accent, I'm not English native myself, but the dramatic way she read all this book was really irritating.
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