Sucheta Dalal :Inside the New York Fed: Secret Recordings and a Culture Clash
Sucheta Dalal

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Inside the New York Fed: Secret Recordings and a Culture Clash  

September 29, 2014

A confidential report and a fired examiner’s hidden recorder penetrate the cloistered world of Wall Street’s top regulator—and its history of deference to banks

 

Jake Bernstein (ProPublica)

 

Barely a year removed from the devastation of the 2008 financial crisis, the president of the Federal Reserve Bank of New York faced a crossroads.

 

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-- Sucheta Dalal