Free PDF Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street
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Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street
Free PDF Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street
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Product details
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Audible Audiobook
Listening Length: 13 hours and 57 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Hachette Audio
Audible.com Release Date: October 16, 2018
Whispersync for Voice: Ready
Language: English, English
ASIN: B07JDRN2P7
Amazon Best Sellers Rank:
Matt Taibbi wrote a number of great articles for Rolling Stone Magazine about the corruption of Goldman Sachs, and the corrosive nature of the Wall Street cabal on the world economy shortly after the 2008 Global Economic collapse. Mr. Taibbi was the person who characterized GS as a "Vampire Squid". Making a mockery of former GS CEO Lloyd Blankfein's claim that Wall Street was "doing God's work". Yes, he had the audacity to say that very thing. It speaks volumes about these heartless beasts who plunder and pillage our financial systemFast forward to 2014. I had been closely following all the developments in the post-collapse economic arena and opened the NY Times one morning to read the story about Ms. Segarra and her attempts to confront her bosses about the obvious conflicts of interest GS had engaged in during one of their dealings that she was charged with overseeing. All supported by secret tape recordings that were beyond damning.However, in our Federal Reserve system, "oversight" is a euphemism for "ignore the 800 lb gorilla in the room". The regulators' unstated mission and directive is to be complicit in facilitating the fox to watch the chicken coop. Ms. Segarra refused to play this corrupt game and was later fired for refusing to "soften" her position as to GS's behavior. When the tapes were released, the story got some traction, and I recall thinking the night I heard her interview on NPR's "This American Life" that maybe something would finally be done to punish GS and Wall Street.Nevertheless, in the Beltway news cycle, it died quickly. To add insult to injury, not only did Congressional oversight committees give it little notice, Ms. Segarra's lawsuit for wrongful termination was later dismissed. So much for my idealism.We are now headed deeper down the dark rabbit hole towards another collapse that will make the last one look like a pillow fight. The Libor Scandal, Wells Fargo, etc. Ms. Segarra's tapes were the proverbial canary in the coalmine. The truth is, Americans don't really care. They say they do, but half of us vote against our own economic interests and allow this corrupt state of economics to suffocate us. In the end, the Vampire Squid will win. And what's left of America will rest in the belly of the beast.Thank you Ms. Segarra. While those soulless men and women on Wall Street bleed us dry, assisted by their corrupt lackeys at the Federal Reserve, it gives me some solace to know that there are patriots like yourself who will not let their criminal deceit go unnoticed. I for one have called you an American hero many a time. I am so sorry for how you were treated by this evil system. At the very least, by purchasing the book I can validate the story of your courage.It's one every American should read. Yet, I am pragmatic enough to know that most of them will never hear nor read how you stood unyielding in the face of people who have no political moral compass. Money has no patriotism. They have vicariously sold their souls to the devil. You, my dear lady, can look yourself in the mirror every morning knowing you took the high road. At great cost to your professional life. Your Italian parents must be very proud of their daughter.I tip my hat to your dedication and service to our country. You are one of America's great, unheralded heroes...
Despite this being a book about banking compliance (boring)... this story captured my attention for days as I read it all the way through. I have high respect for the author and such sympathy for what she had to endure... all because she wanted to do the right thing and do a good job. Some of the language regarding banking compliance was a bit hard for me to follow because I know nothing about such things. But the human aspects of the story really came through - corruption, courage, company politics, kindness, friendship, love and evil. Highly recommended.
"Noncompliant" is an important contribution to the Wall Street genre. I encourage all "financial people" to read it. For the younger cohort of this group, my suggestion is "don't be like the characters who don't do their jobs OR like the characters for whom 'dishonesty' is their leading job qualification."
I want to personally thank you for having the guts to come forward and EXPOSE
I listened to the first DVD last night and I'm anxious to find the time to finish the others.
There is so much that could be said but there isn't enough space to write it all. Read the book to learn how regulators do not really regulate, they play a game called regulation.
Kudos to a courageous financial regulator, who explained her travails meeting both successes and loses. Her work encourages the rest of us to be vigilant against these Wall Street Goliaths and the Fed. She is a superb writer who should consider expanding her writing. Carmen Segarra, a female lawyer I'd hire in an instant.
I liked to read this book. But the author never fully explained why GS gets a special deal from the supervisors. Otherwise it is interesting to get an inside view of how bank oversight operates.
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